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Cryptocurrency News Articles
AI Crypto Tokens Lead Market Gains While Bitcoin Weakens
Feb 27, 2025 at 03:17 am
Nvidia's financial performance is under scrutiny due to its influence on AI-related crypto markets.
Several AI crypto tokens posted strong gains on Wednesday, with some surging double-digit ahead of Nvidia’s Q4 FY2025 earnings report.
The post Nvidia Q4 Earnings to Drop Today: Anticipation Builds For Impact On Bitcoin Price And AI Crypto Tokens
The post Nvidia Q4 Earnings to Drop Today: Anticipation Builds For Impact on Bitcoin Price And AI Crypto Tokens appeared first on CoinChapter.com.
The post Nvidia Q4 Earnings to Drop Today: Anticipation Builds For Impact on Bitcoin Price And AI Crypto Tokens appeared first on CoinChapter.com.
The broader crypto market cap fell nearly 3% in 24 hours, contrasting with the gains in AI-related assets.
Meanwhile, Bitcoin remains under pressure, trading below $90,000.
Several AI-focused tokens outperformed the market. Data from CoinGecko shows that tokens such as Story (IP), AI Rig Complex (ARC), Livepeer (LPT), and aixbt by Virtuals (AIXBT) surged by double digits.
Others, including Near Protocol (NEAR), SingularityNET (AGIX), Internet Computer (ICP), and Render (RNDR), posted single-digit increases.
A widely followed account on X noted the momentum in AI-related cryptocurrencies, stating:
“The crypto market rebounded today, with AI-related tokens leading the way. Will NVIDIA’s earnings push AI tokens even higher?”
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- The stock of the company now known as Strategy (MSTR) — formerly MicroStrategy — spent virtually all of 2024 soaring.
- Feb 27, 2025 at 07:05 am
- The reason: It’s a way to play Bitcoin. The company bought bitcoins, bought more, issued stock and debt to buy even more, and in 2025 issued preferred stock to buy still more.
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