According to @StockMKTNewz, Bitcoin's (BTC) price has rebounded nearly 10% from its weekend lows, bolstered by several bullish macroeconomic signals. The US Dollar Index (DXY) has fallen to its lowest point since February 2022, a development Bitwise's Andre Dragosch called "very bullish" for global money supply and Bitcoin. This risk-on sentiment is further supported by Nvidia (NVDA) shares hitting a record high; the 90-day correlation coefficient between NVDA and BTC stands at a strong 0.80. Meanwhile, indicators like a steepening yield curve and declining consumer confidence are signaling a potential recession, leading traders to price in Federal Reserve rate cuts, according to the CME FedWatch tool and Bloomberg data. In the AI sector, analysis suggests distributed compute tokens like BitTensor, Aethir, and Render, with a collective $12 billion market cap, may be significantly undervalued compared to the centralized AI infrastructure provider CoreWeave (CRWV), which boasts a $79.2 billion market cap despite recent net losses.

According to @DeepLearningAI, a significant valuation gap exists between decentralized AI compute tokens and their centralized counterparts, suggesting a potential investment opportunity. The entire market for distributed compute tokens (including Render and Aethir) is valued at $12 billion, as cited by CoinMarketCap, while the single company CoreWeave (CRWV) boasts a market cap of $79.2 billion despite a recent $314.6 million net loss. This analysis points to distributed compute tokens being potentially undervalued, as they operate on a more capital-efficient brokerage model. Adding to bullish crypto sentiment, AI education firm Genius Group (GNS) increased its Bitcoin (BTC) holdings to 120 BTC and aims to acquire 1,000 BTC within six months, according to an SEC filing. In other corporate adoption news, SRM Entertainment has staked its 365 million TRX treasury on JustLend. From a technical standpoint, Bitcoin (BTC) is trading around $108,179, holding a key support zone, while Ethereum (ETH) has recovered to approximately $2,521.