AI may be keeping Bitcoin’s biggest macro headwind alive after the Fed stops hiking

AI-driven investment and productivity gains may sustain U.S. growth and inflation even after the Federal Reserve ends rate hikes, limiting how quickly it can cut rates. That could keep real yields and the dollar elevated, prolonging a macro headwind for Bitcoin despite the end of monetary tightening. The risk is that markets interpret strong AI-led growth as a reason for tighter-for-longer policy rather than an unambiguously bullish signal.