AI selloff could push Bitcoin toward $65K before capital returns to crypto, Hilbert CIO says

Hilbert CIO Russell Thompson said a selloff in AI-related equities could drag Bitcoin toward $65,000 before capital rotates back into crypto, framing the drawdown as a precursor to renewed inflows rather than a prolonged bear phase. The call ties Bitcoin’s near-term path to the same tech-sector risk appetite that has driven AI stocks, underscoring how correlated digital assets have become with broader equity sentiment. Bitcoin has traded well above that level in recent months, so a move to $65K would mark a meaningful retracement and test holder conviction. Traders will watch whether AI names stabilize and whether crypto volumes and stablecoin inflows recover, since those are the signals Thompson’s rotation thesis depends on.