A new technical signal from Nvidia has sparked concern on Wall Street, yet AI cryptos continue their independent path. Here's how.
When Nvidia Signals, Do AI Cryptos Respond?
The rare technical signal known as the 'death cross,' signifying the crossing of the 50-day average below the 200-day average, causes concern in stock markets. But how does it affect the AI crypto sphere?
AI Cryptos' Reaction to the 'Death Cross'
Following Nvidia's 'death cross,' AI tokens like Render (RENDER) and Bittensor (TAO) rose by 4.06% and 2.88%, respectively. Historically, such signals led to significant declines.
Towards AI Cryptos' New Independence?
The continued autonomy of AI cryptos suggests their path may diverge significantly from tech giants like Nvidia, supported by real-world applications and community backing.
Despite the inherited influence of tech giants, AI cryptos strive for growth and independence, offering unique solutions.