A noteworthy phenomenon has emerged in the financial markets recently: Bitcoin's price movements have begun to decouple from those of traditional technology stocks. This divergence in asset correlation often signals a deeper macroeconomic shift. According to analysis, Bitcoin, acting as a "fire alarm" for global fiat currency liquidity, is sending a warning signal to the market about a potential credit disruption event through its independent movement relative to the Nasdaq 100 index. This decoupling hints at the potential vulnerability of the traditional credit system under the impact of technological transformation.

When analyzing the catalysts for a potential credit crisis, experts point to the widespread adoption of artificial intelligence (AI) as a significant, underappreciated risk. Data indicates that the number of global corporate layoffs attributed to AI has surged to 55,000 in 2025, a more than twelve-fold increase from two years prior. This structural unemployment not only impacts the job market but also directly threatens the repayment capacity for consumer credit and housing mortgages. Preliminary models suggest that a 20% reduction in high-wage, knowledge-based workers could trigger credit losses of up to $557 billion, potentially leading to a significant writedown of approximately 13% in the equity value of commercial banks.

The chain reaction triggered by such a credit contraction typically affects the stability of the banking system. Some views suggest that if regional banks face difficulties due to a sharp increase in non-performing loans, a resulting liquidity drought in credit markets would likely force central banks to intervene. Under the dual pressures of economic deflation and potential financial collapse, monetary policymakers would likely resort to "money printing" tools to keep the system afloat. Historically, such large-scale liquidity expansions have repeatedly proven to boost the prices of hard assets.

Looking at future market developments, if the fiat credit system embarks on a new expansion cycle to save itself, Bitcoin's inherent scarcity would position it as a primary beneficiary of the resulting liquidity premium. Although short-term market sentiment may be unsettled by credit default events, medium to long-term expectations of central bank balance sheet expansion are anticipated to provide strong support for Bitcoin, potentially propelling it to new all-time highs. In this context, investors are advised to closely monitor changes in liquidity indicators to identify the pivotal moment when the market transitions from risk aversion to hedging against currency debasement.