Bitcoin (CRYPTO: BTC) has fallen behind AI stocks in terms of sentiment, but the crypto king is nearing the low of its historical valuation range.
Nothing Coming To Save BTC In an interview with Natalie Brunell on July 7, macro analyst Lyn Alden said Bitcoin has been pressured by a major capital rotation into artificial intelligence and semiconductor stocks, particularly memory-chip names that became the "fastest horse in the race." She noted that Bitcoin’s decline since late 2025 coincided with free cash flow compression among major hyperscalers as they ramped AI spending, pushing investors away from assets such as Bitcoin and gold.
Alden said Bitcoin may not need a major policy catalyst to recover, arguing that "there’s nothing coming to save Bitcoin" and that the asset must survive on its own merits.
She said Bitcoin is already near the bottom of its historical valuation range, though she stopped short of calling an exact low.
Over the past month, Bitcoin has fallen about 3%, slipping to around $60,000 after peaking near $124,000 in late 2025.
