Here's how bitcoin's price rise could be fueled by job-stealing AI software

According to NYDIG Research, Bitcoin's price is increasingly influenced by macroeconomic factors related to AI, including its impact on employment, real interest rates, and central bank liquidity policies. When AI adoption leads to job displacement, it can trigger broader economic shifts—such as changes in unemployment rates and central bank responses—that affect overall market sentiment and liquidity conditions. Bitcoin, as a highly liquid risk asset, responds strongly to these macroeconomic sentiment changes. Research indicates that Bitcoin reacts to sentiment shifts even more dramatically than traditional tech stocks, making it a sensitive indicator of how markets perceive AI-driven economic disruption. This represents a shift from Bitcoin being valued primarily on technological developments to being valued as a macro asset that responds to employment trends and monetary policy adjustments.

Central banks typically adjust monetary policy in response to employment changes and economic growth. If AI-driven job displacement leads to higher unemployment, central banks may lower interest rates or increase liquidity to stimulate the economy. Bitcoin's price is particularly sensitive to liquidity conditions and real interest rates—when real rates fall or liquidity increases, investors often seek alternative assets like Bitcoin as a store of value. Conversely, if central banks tighten policy due to AI-driven productivity gains boosting inflation, Bitcoin could face headwinds. The key insight is that Bitcoin no longer moves primarily on its own technological merits but rather on how macroeconomic conditions—shaped by AI's employment effects—influence overall financial conditions and investor risk appetite.