Bitcoin has seen a notable decline, dropping below $67,000 from its record high of nearly $128,200 in October 2025. This downturn is largely attributed to significant outflows from cryptocurrency exchange-traded funds (ETFs), which recently lost about $1.42 billion in just one week. In contrast, investor interest is shifting towards artificial intelligence (AI) infrastructure, with major tech companies expected to invest approximately $725 billion by 2026. Nvidia is at the forefront of this trend, projecting $91 billion in revenue for the current quarter, reflecting a stark contrast in performance between crypto and AI stocks. Analysts suggest that the current capital rotation is structural rather than seasonal, as funds are moving into long-term AI projects rather than cash or safer investments. This shift indicates that Bitcoin is competing for the same risk capital as AI, leading to a challenging environment for cryptocurrencies. For investors, the focus should be on identifying a potential bottom in Bitcoin, with signs such as stabilization around the $60,000 to $65,000 range and improvements in ETF flows being critical indicators.