Data from SoSoValue indicates steep drops in AI-linked cryptocurrencies, with broader market weakness affecting Bitcoin, Ethereum, and multiple sectors.
According to SoSoValue, the cryptocurrency market saw broad declines over the past 24 hours, with the AI sector leading the drop by falling 6.33%. DeAgentAI recorded a 26.99% decline, Fetch.ai fell 11.06%, and Fartcoin dropped 11.62%. Bitcoin decreased 2.61% to below $104,000, while Ethereum retreated 3.71% to below $3,500. Several other market sectors also registered losses.