BlackRock sees AI driving crypto's next bull phase as altcoin interest fades.

$BTC $ETH $BNB prices remain steady with $BTC at $61,500, $ETH at $4,500, and $BNB at $320, all up 0% in the last 24 hours.

The asset management giant's Robbie Mitchnic said clients are focused on $BTC, $ETH and only a few other tokens, and aren't looking for broad exposure.

Rather, they see opportunity for crypto in artificial intelligence.

This shift in focus towards AI-related tokens could lead to increased investment in specific altcoins.

The narrowed focus on $BTC, $ETH, and select tokens may lead to short-term price stability for these coins, while altcoins may experience decreased interest.

Long-term, AI-related tokens could see significant gains as institutional investors like BlackRock increase their exposure.

Bottom line, I'm bullish on $BTC and $ETH, and see potential for AI-related tokens to outperform in the next bull phase.

Investors should keep an eye on emerging AI-related projects.

#Bitcoin #BTC #Crypto #ArtificialIntelligence #BlackRock