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10 months ago
AI Surge Ignites Utility Stocks: Market Leadership and Potential Impact on Bitcoin (BTC) Coinotag 14 May 2024

AI Surge Ignites Utility Stocks: Market Leadership and Potential Impact on Bitcoin (BTC)

Artificial intelligence's rising energy demand boosts utility stocks as data centers require more power. This growth in utilities, typically defensive, could affect Bitcoin (BTC) due to their increased energy consumption.