ChatGPT builds a $1,000 crypto portfolio for 2025
The post ChatGPT builds a $1,000 crypto portfolio for 2025 appeared on BitcoinEthereumNews.com.
The wider cryptocurrency market entered a bull run following the conclusion of the United States presidential election in November. However, the surge hit its first speed bump quite quickly — in mid-December, the Federal Reserve announced that it would put fewer rate cuts in place in 2025 than was originally expected. Bitcoin (BTC) saw prices crash from an all-time high (ATH) of roughly $106,000 to just $92,000, and altcoins predictably followed suit. December 20 turned out to be the worst day, with as much as $310 billion exiting the market. However, by press time, the price of Bitcoin had recovered to $96,551. While analysts mostly remain bullish, there is an increasing number of voices that are now predicting a short-term correction. With these new developments in mind, Finbold has consulted OpenAI’s most advanced large language model (LLM) to construct a $1,000 cryptocurrency portfolio for the coming year. Blue-chip cryptocurrencies (70%) A vast majority of GPT’s proposed portfolio is dedicated to blue-chip cryptocurrencies — namely, Bitcoin and Ethereum (ETH). With an initial balance of $1,000, the AI model would invest $700 in two flagship digital assets. In the case of Bitcoin, which accounts for 40% of the entire portfolio, ChatGPT cited increasing institutional adoption, widespread global demand, and increasingly recognized utility as a store of value and hedge against inflation as bullish catalysts. ChatGPT’s reasoning for picking BTC. Source: OpenAI On the other hand, 30% of the portfolio was allocated to Ethereum, owing to its already dominant and expanding ecosystem, widespread adoption by enterprises, and robust development community. ChatGPT’s reasoning for picking ETH. Source: OpenAI High-potential altcoins (25%) Surprisingly enough, ChatGPT only allocated a quarter of the portfolio — 25%, to altcoins. Readers should note that a wide variety of cryptocurrency analysts, such as Michaël van de Poppe, predict that altcoins…
Filed under: News - @ December 27, 2024 2:23 pm