Transformative Impact of Artificial Intelligence and Cybersecurity on Bitcoin's Trajectory

Mohammad Ahmar Khan, Richa Richa, Y.V.R. Naga Pawan, Vandana Madaan, Vikas Verma, Raj A. Varma · 2024

This study delves into the intertwined roles of Artificial Intelligence (AI) and cybersecurity in the evolution of Bitcoin, analyzing their pivotal influence on the cryptocurrency's trajectory. By employing a mixed-methods approach, including a literature review, quantitative data analysis, and expert interviews, the paper explores how AI enhances transactional efficiency and cybersecurity measures fortify the integrity of Bitcoin's blockchain. The research investigates the dual impact of AI-driven market analysis and automated trading systems, alongside the development of robust cybersecurity protocols essential for fraud detection and network defense. The findings illustrate the dynamic interplay between technological innovation and financial security, revealing a transformative effect on Bitcoin's market behavior and regulatory landscape.

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