The Artificial Superintelligence Alliance (FET) has been grappling with a significant price downturn, dropping 34% recently, which marks its most considerable decline in several months. This sharp correction had been anticipated by technical analysis, validating a three-month-long price pattern that predicted the drop.
The price of Fetch.ai (FET) has recently experienced a sharp decline, dropping over 40% in the past month and another 20% in the last week. This significant downturn follows a broader trend of weakness among artificial intelligence (AI) tokens, which have faced selling pressure as the market sentiment turned increasingly bearish.
As President Donald Trump has agreed to delay the tariffs imposed on Canada and Mexico for an additional 30 days, the crypto market is witnessing a resurgence in trading activity.
Artificial Superintelligence Alliance (FET) has recently experienced a sharp 34% price decline, marking its largest drop in months. This crash validated a three-month-old pattern, which predicted such a correction.
Investors remain skeptical about FET's rally potential due to losses in the past week.
Yesterday, the exchange Coinbase added the projects Etherfi (ETHFI) and Bittensor (TAO) to its listing roadmap.
FET price has been in a steep decline, dropping over 40% in the last 30 days and another 20% in the past week. This sharp correction follows the broader weakness in artificial intelligence tokens, with technical indicators pointing to continued bearish momentum.
The crypto market has been pummeled as Donald Trump's tariffs shock the markets, sending an array of assets spiraling. Bitcoin (BTC) is down nearly 7% over the past 24 hours after struggling to stay above $100,000.
After delivering massive returns and causing a storm - is this just the beginning?
The emergence of China's artificial intelligence (AI) model, DeepSeek, has caused turmoil in both the stock and cryptocurrency markets, alongside the technology sector.
Cryptocurrency prices are crashing, with the total market capitalization of all coins falling by nearly 4% to under $3.6 trillion.
Artificial intelligence continues to be one of the most compelling narratives in the crypto market, driving interest in AI-focused projects. Despite recent corrections driven by the DeepSeek hype, several AI coins are showing bullish potential for February 2025.
TL;DR Bittensor (TAO) is a decentralized AI-based network that integrates blockchain technology with AI, using a unique PoL consensus mechanism to ensure reliable AI models and safeguard user privacy. Price predictions for Bittensor (TAO) from 2025 to 2030 indicate potential growth, with forecasts ranging from $494.85 to $2,547.58, reflecting both volatility and growth opportunities.
Artificial intelligence (AI) coins have seen strong movements in the last week of January, with some projects rebounding from recent lows and potentially bringing more gains in the first week of February.
Bittensor (TAO), a prominent player in the AI cryptocurrency space, has shown notable resilience, outperforming other top AI tokens despite a slight daily gain of less than 1%. While competitors like RENDER, FET, and INJ are seeing red, TAO's technical indicators point to growing bullish momentum, suggesting that the coin may be poised for further upward movement.
TL;DR Bittensor (TAO) is a decentralized AI-based network that integrates blockchain technology with AI, using a unique PoL consensus mechanism to ensure reliable AI models and safeguard user privacy. Price predictions for Bittensor (TAO) from 2025 to 2030 indicate potential growth, with forecasts ranging from $494.85 to $2,547.58, reflecting both volatility and growth opportunities.
Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.
Bittensor (TAO) price is up less than 1% in the last 24 hours, but it stands out as the only top AI coin in the green, while others like RENDER, FET, and INJ are all in the red. TAO's technical indicators suggest growing bullish momentum, with its BBTrend reaching its highest level in three weeks and a potential golden cross forming on its EMA lines.
AI agent tokens are experiencing a resurgence after suffering a $5 billion loss this week due to DeepSeek's sudden popularity.
Analysts say Bitcoin must reclaim $103,000 support level to continue rally.
FET's price was testing a critical $1 support level, with on-chain metrics sparking bearish trends and undervaluation.
Artificial Superintelligence Alliance (FET) has seen a significant drop in value over the past week. As of this writing, the AI Agent token trades at $1.08, its lowest since September 2024.
Artificial Intelligence cryptos are facing significant pressure, with their total market cap dropping 10% in the past 24 hours to $37.4 billion. Four of the top five AI coins have suffered heavy losses, with RENDER and VIRTUAL both down over 13%, and FET and INJ dropping 9% and 11%, respectively.
Crypto prices fell 6.5% on average on Jan. 27 amid a major sell-off in risk assets prompted by a Chinese artificial intelligence (AI) model raising worries about AI profitability. However, AI-related tokens saw slightly lower average declines for the day at 5.4%.
The crypto markets tumble down as the prices of the majority of them have been facing massive bearish action. While Bitcoin dropped below $99,000, some of the altcoins displayed massive strength. The bulls are backing the Bittensor (TAO) price, which is gearing up for a massive upswing.
Analysts shrugged off today's crash as a normal market correction.
Mode launched Synth, a subnet that uses Bittensor's capabilities, to develop AI capabilities to model the volatility of asset prices.
The Render Network's AI Scouts kicked off their first weekly AMA, discussing AI, blockchain, and future collaborations. Key insights from AI experts Paul Roales, Danny Newman, and Nate Solomon were shared.
TL;DR Donald Trump announced a historic $500 billion private investment in artificial intelligence infrastructure and advanced technological development. A joint venture named Stargate will be created, led by OpenAI, SoftBank, and Oracle, with ambitious plans to build 20 data centers. The investment promises to generate 100,000 jobs, transform the U.S.
FET prices have surged 20% since retesting a key support level fueled by surging whale and trading activity.
Against the backdrop of a broader crypto market recovery on Wednesday, AI Coins like FET, RENDER, and TAO have stolen the spotlight by witnessing a considerable pump. Notably, these tokens are surging amid broader AI-related developments such as Donald Trump's ‘Stargate' formation and tech giants injecting massive investments in the industry.
Render Foundation introduces AI Scouts Program, aiming to support AI startups with its decentralized GPU network. Key figures include Nate Solomon and Paul Roales.
In the past month, the cost of Render cryptocurrency fell by about 6.7%. But, in the last week, the token has started to pick up again, adding close to 8%.
Bitcoin (BTC) surged to a new all-time high earlier today, surpassing $105,000 to reach $109,350 as the US readies for Donald Trump's inauguration. BTC has risen nearly 4% over the past 24 hours as optimism in the markets builds ahead of the inauguration.
FET profited from the rest of the market's bullishness, but is there more they can do?
Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.
AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote.
Ripple (XRP) was the lone gainer, rising 1.4% from Friday.
The total market cap for AI coins shows a decrease of nearly 22% over the past month, recording a value of $48.07 billion. The total trading volume of the tokens has also followed the same downward token, with a steep decline of nearly 50% to $2.88 billion.
Supply distribution of MANA showed that some of the larger cohorts of holders were accumulating the token since late November.
As cryptocurrencies close the week with a bearish note, attention has switched to specific segments, and artificial intelligence seems poised to dominate crypto trends in the coming weeks and months. Fetch.ai joined the top-trending alts this week after launching an accelerator fund to support AI startups.
After three torrid days of sharp downward price action, the market is beginning the recovery on Friday. Among the frontrunners so far are Sui (SUI), Render (RENDER), and Fantom (FTM).
Cryptocurrencies remained downbeat on Thursday, with most assets reflecting significant losses on their daily charts. While the crypto Fear & Greed Index switched from greed to neutral, Fetch.ai, Dogecoin, and Toncoin topped altcoin trends for various reasons. Let us find out more. Fetch.ai launches startup fund Crypto AI firm Fetch.
Fetch.ai's accelerator could significantly enhance global AI and tech innovation, fostering cross-border collaboration and commercialization. The post Fetch.ai launches startup accelerator to boost AI and emerging tech innovation appeared first on Crypto Briefing.
Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.
Render (RNDR) has seen an impressive 29% surge in just seven days, catching the attention of both retail and institutional investors. At press time, RNDR is trading at $8.73, marking a 3% gain in the last 24 hours.
While American bond yields have surged this week, cryptocurrencies offer investors a good way to benefit from price movement and staking yields. With some Ethereum tokens yielding above 10%, these assets are doing better than bonds and dividend stocks.