Perpetual Contract Inventor Arthur Hayes: Only AI Stocks Are Rising in Global Capital Markets, and Only a Few Coins Are Gaining Strength in the Crypto Market

Odaily Planet Daily News Arthur Hayes said on a podcast on May 22 that currently, only AI stocks are rising in the global capital market, while almost all other sectors are weakening. Arthur Hayes stated that the reasons include shrinking demand due to consumer unemployment, AI giants occupying global available credit, and governments prioritizing AI capital expenditure over other industries, squeezing their financing space. Arthur Hayes also noted that this is not a broad bull market; only a few coins are showing strength in the crypto market, making it a tough time for most people.