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

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