{"id":76905,"date":"2026-08-17T10:00:40","date_gmt":"2026-08-17T10:00:40","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/consumer-confidence-sinks-as-ai-stocks-soar-bitcoin-left-behind\/"},"modified":"2026-08-17T10:00:40","modified_gmt":"2026-08-17T10:00:40","slug":"consumer-confidence-sinks-as-ai-stocks-soar-bitcoin-left-behind","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/consumer-confidence-sinks-as-ai-stocks-soar-bitcoin-left-behind\/","title":{"rendered":"Consumer Confidence Sinks as AI Stocks Soar, Bitcoin Left Behind"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Glassnode says bitcoin trades near half its October 2025 peak while US stocks hit record highs.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">US equities set a fresh record on August 7 as AI-driven gains pull household cash off the sidelines.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Core inflation held at 2.5% in July even as bitcoin failed to benefit from the shift out of cash.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>A Confidence Paradox<\/h2>\n<p>Consumer confidence remains, in Glassnode\u2019s words, \u201c<a href=\"https:\/\/research.glassnode.com\/the-week-onchain-week-32-2026\/\" target=\"_blank\" rel=\"noopener noreferrer\">among the weakest readings of the past decade,\u201d<\/a> even after two consecutive months of improvement. That weakness hasn\u2019t stopped households from moving money out of cash and into assets as consumers continue to expect living costs to keep rising and the broader economy to soften. The twist, however, is still where that capital is landing.<\/p>\n<figure id=\"attachment_839981\" aria-describedby=\"caption-attachment-839981\" style=\"width:1629px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-839981\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p>U.S. equities set a fresh all-time high on August 7 and have held just beneath that level since, carried almost entirely by the artificial intelligence (AI) trade rather than a broad-based rally.<\/p>\n<p>Bitcoin, historically pitched as the asset that benefits when consumers lose faith in the traditional financial system, has not been part of that move. Bitcoin.com News reported last week that <a href=\"https:\/\/news.bitcoin.com\/bitcoin-etf\/fidelity-pulls-46-8m-from-fbtc-as-bitcoin-etfs-turn-red\/\">spot bitcoin ETFs shed $389.7 million in a single week<\/a> even as equity markets kept climbing, a split that lines up with Glassnode\u2019s read on where capital is actually flowing this summer.<\/p>\n<h2>Where the Money Is Actually Going<\/h2>\n<p>Bitcoin is currently trading at roughly half the level of its October 2025 peak, a steep drawdown that has left the asset wedged in a narrow band between its Median Realized Price near $63,000 and the Short-Term Holder Cost Basis around $68,700.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-839982\" title=\"Glassnode: Consumer Confidence Sinks as AI Stocks Soar, Bitcoin Left Behind\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk.png\" alt=\"Glassnode: Consumer Confidence Sinks as AI Stocks Soar, Bitcoin Left Behind\" width=\"1600\" height=\"900\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-300x169.png 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-1024x576.png 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-768x432.png 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-1536x864.png 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-190x107.png 190w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-380x214.png 380w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-760x428.png 760w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-1520x855.png 1520w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk-1280x720.png 1280w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/08\/bitcoin-sits-out-as-ai-stocks-hit-new-highs-glassnode-warns2_nwmk.png 1600w\" sizes=\"auto, (max-width: 1600px) 100vw, 1600px\"\/><\/p>\n<p>Meanwhile, the AI trade has kept attracting fresh capital, as individual traders, hedge funds, and even crypto-native institutions (that once championed bitcoin as their preferred hedge) are instead shifting exposure toward AI-focused equities and AI-linked crypto tokens.<\/p>\n<p>The macro backdrop hasn\u2019t been hostile to bitcoin, at least on paper, as <a href=\"https:\/\/news.bitcoin.com\/finance\/inflation-cools-bitcoin-stalls-as-fed-faces-its-next-big-test\/\">core inflation printed at 2.5% in July<\/a>, a relatively tame reading, and equities took that as good news, extending their record run. Bitcoin\u2019s muted response to a benign inflation print is itself the warning sign researchers are flagging, given that the asset is supposed to thrive on debasement fears and loose monetary conditions.<\/p>\n<p>Lastly, spot exchange trading volume for bitcoin has <a href=\"https:\/\/research.glassnode.com\/the-week-onchain-week-32-2026\/\" target=\"_blank\" rel=\"noopener noreferrer\">fallen to its lowest levels since 2019<\/a>, with recent ETF inflows representing only \u201ca small fraction of any past accumulation wave.\u201d This could be indicative of the fact that institutional buying (which powered bitcoin\u2019s 2024 and 2025 rallies) has gone quiet.<\/p>\n<h2>What It Means for Bitcoin<\/h2>\n<p>The pattern Glassnode describes, i.e. mining and technology companies pivoting capital and infrastructure toward AI rather than digital assets, is playing out beyond just trading flows. Some bitcoin miners have already begun <a href=\"https:\/\/news.bitcoin.com\/bitcoin-miners-sell-holdings-as-ai-pivot-accelerates\/\">repositioning their power contracts and data center capacity toward AI<\/a> workloads, chasing the same capital rotation Glassnode is tracking in the equity markets.<\/p>\n<p>From the outside looking in, the movement serves as a structural shift that could keep pressuring bitcoin\u2019s narrative as the default destination for capital fleeing cash.<\/p>\n<p>That said, none of this actually means that the debasement or scarcity case for bitcoin has been disproven, only that it isn\u2019t playing out on the timeline crypto bulls expected this summer. Bitcoin.com News recently tracked a parallel argument that a <a href=\"https:\/\/news.bitcoin.com\/the-us-government-owes-39-trillion-heres-why-thats-bitcoins-best-argument-yet-49201\/\">mounting US national debt should be structurally bullish for bitcoin<\/a>, a thesis that, like the AI-rotation story, has yet to show up clearly in price.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/bitcoin-consumer-confidence-ai-rotation-glassnode\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Glassnode says bitcoin trades near half its October 2025 peak while US stocks hit record highs. US equities set a fresh record on August 7 as AI-driven gains pull household cash off the sidelines. Core inflation held at 2.5% in July even as bitcoin failed to [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":76906,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76905"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76905"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76906"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}