By Sharecafe Team
Publication Date: 2025-11-24 00:10:00
The rapid rise of AI-related stocks and cryptocurrencies is showing signs of slowing, reflecting broader market concerns about the resilience of the AI boom and the likelihood of interest rate cuts by central banks. Iren, an Australian company that initially focused on Bitcoin mining but then strategically evolved into an artificial intelligence data center provider, has seen its shares fall 45 percent since November 5 after massive growth. The company provides computing power and signed a $9.7 billion deal with Microsoft this month.
Similar declines can be observed across the board, with other Bitcoin miners such as Cipher Mining and TeraWulf also suffering losses. Bitcoin itself has plunged 30 percent in two months, while Ether is down 42 percent from its recent peak. Quantum computing stocks, including Rigetti Computing, IONQ and D-Wave Quantum, also saw sharp declines after significant gains. The private credit and private equity sector is under…
