The post Here’s how bitcoin’s price rise could be fueled by job-stealing AI software appeared on BitcoinEthereumNews.com.

Bitcoin’s future in an artificial intelligence-driven world may depend less on code and more on central banks. In a new note, Greg Cipolaro, global head of research at financial services and infrastructure firm NYDIG, argued that artificial intelligence will affect bitcoin mainly through macroeconomic channels and its impact on the labor market. The key variables are growth, employment, real interest rates and liquidity. Bitcoin, he writes, sits downstream of those forces. If automation cuts jobs and wages, consumer demand could weaken and, in a severe case, falling incomes would strain debt payments and pressure asset prices. Those fears appear to be well-grounded. Just this week, Jack Dorsey’s fintech firm Block unveiled its shrinking back toward its pre-pandemic size, cutting staff by about 40%. Dorsey cited AI-enabled efficiency for the job cuts, something that was theorized in Citrini’s research on the AI-doom that spooked the market this week. In such a scenario, policymakers might respond with lower rates or fiscal spending to stabilize the economy. That wave of liquidity could support bitcoin, which has often tracked shifts in global money supply. A different outcome would look less friendly for the cryptocurrency. If AI boosts productivity and economic growth without major job losses, real yields could rise, and central banks might keep policy tight. Higher real rates have historically weighed on bitcoin by raising the opportunity cost of holding it and making risk assets less attractive. Shift in demand Anxiety around AI echoes past moments of upheaval in Human society. The steam engine displaced manual labor in factories and on farms. Electrification then rewired entire industries. Later, computers and the internet automated clerical work and reshaped retail, media and finance. Each wave triggered fears of permanent job loss. In the early 1900s, factory mechanization sparked labor unrest as machines replaced skilled craftsmen.…

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Filed under: News - @ February 28, 2026 9:03 pm