Bitcoin's growing divergence from tech stocks raises concerns as AI spending surges, says Quinn Thompson.

Not one, but several overlapping headwinds are hitting the crypto market at once, weighing on bitcoin's price, the firm's head of research Greg Cipolaro said.

Bernstein said bitcoin's increasingly diversified ownership base supports its long-term store-of-value thesis.

Bitcoin's growing divergence from tech stocks raises concerns as AI spending surges, says Quinn Thompson.