Bitcoin (BTC) Dips on Weak US Jobs Data & AI Bubble Fears: More Pain Ahead?

The Bitcoin bulls just can’t seem to staunch the relentless tide of ￰0￱ new push to the upside seems weaker than the ￰1￱ jobs data and fears that AI companies have become overbought tie into bearish market ￰2￱ Bitcoin suffer yet another price dip? Jobs are falling as AI might also be about to dip The worst unemployment figures for the month of October in the last twenty years saw 153,000 ￰3￱ to a report by Challenger, Gray & Christmas, the main reason for what is now more than 1 million job losses since the start of 2025 is the effects of DOGE and its government cost-cutting ￰4￱ main contributor to the loss of jobs has been blamed on the rise of AI, which has allowed companies to restructure and automate ￰5￱ the subject of AI, stories now abound across mainstream media that are exploring the idea that AI has become vastly overbought, and that this is a bubble that could burst with huge repercussions for the US and global ￰6￱ Short investor Michael Burry has been in the news recently given that his company is publicly betting against tech giants Nvidia and ￰7￱ legendary investor appears to be convinced that AI is in a bubble and is shorting these stocks accordingly.

S&P 500 ripe for a big pullback?