AI-Linked Crypto Tokens Experience Decline After Apple Event; Traders Left Disappointed

Monday, 10 June 2024, 20:20

In a downturn for AI-linked crypto tokens, assets like Render, Fetch.ai, SingularityNET, and Bittensor faced a 3%-5% slump despite stable bitcoin and broader crypto market conditions. This underperformance aligned with traders' expectations after an eventful day fueled by Apple's announcements and market reactions.
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AI-Linked Crypto Tokens Experience Decline After Apple Event; Traders Left Disappointed

AI-Linked Crypto Tokens Post-Apple Event Slump

Tokens of Render, Fetch.ai, SingularityNET, and Bittensor experienced a 3%-5% decline, overshadowing stable crypto market trends.

Traders Left Disappointed

Despite mostly flat bitcoin prices, the underperformance of these AI-linked tokens disappointed traders post-Apple event.

Conclusion: The market reaction to Apple's announcements highlighted a divergence in the performance of AI-linked tokens compared to broader crypto assets.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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