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Nvidia's stock price forms 'death cross' — Will AI crypto tokens follow?

Coin Telegraph LogoCoin Telegraph1d ago

Nvidia's stock price forms 'death cross' — Will AI crypto tokens follow? - Coin Telegraph

Quick Summary:

Of the 2,632 respondents surveyed by CoinGecko between February and March, 25% were “fully bullish,” and 19.3% indicated they were “somewhat bullish” for crypto AI tokens in 2025. Related: AI and crypto drive criminal efficiency: EuropolAround 29% of respondents were neutral on the subject, while a combined 26.3% were either somewhat bearish or bearish. Meanwhile, former Binance CEO Changpeng “CZ” Zhao recently said, “While crypto is the currency for AI, not every agent needs its own token.”“Agents can take fees in an existing crypto for providing a service.

Source: BarchartWhile Nvidia’s stock price formed the bearish signal before the trading week closed on March 21, several crypto AI tokens have risen since then.Render (RENDER) is up 4.06%, while Bittensor (TAO) and Artificial Superintelligence Alliance (FET) are both up around 2.88%, according to CoinMarketCap data. Nvidia has been a closely watched stock for AI crypto traders in recent times.

Crypto trader CryptoCosta said in a March 22 X post, “The whole AI hype has already died down, now it's time for those who provide market solutions and have revenue.”Over the past month alone, the market capitalization of the top AI and big data crypto tokens has fallen 23.70%.

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Article Details

Author / Journalist: Cointelegraph by Ciaran Lyons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-23 @ 07:35:56 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 572 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 27249691

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 49 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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