AI Crypto Weekly: Surviving Red Markets, Dodging Rogue Agents, and Watching Miner Pivots
AI Crypto Takes a Hit Amid
The AI crypto sector saw tough times this week. Its total market cap dropped 5.3%, losing $0.8 billion in value. This dip came as Bitcoin and the wider crypto market pulled back, cooling off the AI hype from earlier months.
But not all was doom and gloom. A few AI tokens bucked the trend with strong gains. These standouts show pockets of strength even in
Top Gainers: Bright Spots in the Storm
While most AI tokens bled value, these projects shone bright:
- Bittensor (TAO): Up 18%. New partnerships for decentralized machine learning drove the surge. Investors bet on TAO’s role in training AI models without big tech control.
- Render (RNDR): Gained 12%. A major Hollywood studio deal for GPU rendering boosted confidence. RNDR’s network makes AI graphics cheaper and faster.
- Nosana (NOS): Rose 15%. Fresh funding for AI cloud services on Solana sparked buying. NOS offers affordable GPU power for AI devs.
These gains point to real utility. Projects solving AI compute shortages are winning, even as sentiment sours.
Biggest Losers: Pain in the AI Token Space
The downside was brutal for others:
- Fetch.ai (FET): Down 16%. Delays in its AI agent merge with SingularityNET shook holders.
- Ocean Protocol (OCEAN): Fell 14%. Data marketplace competition from centralized players hurt.
- Golem (GLM): Dropped 13%. Slower adoption of its compute network lagged behind rivals.
These drops remind us: AI crypto is volatile. Hype fades fast without delivery.
Steal the Spotlight
The week wasn’t just about charts. Wild stories lit up the crypto AI timeline.
First, OpenAI dropped a bombshell. Their latest update hinted at advanced agent tech that could reshape crypto apps. Imagine AI handling trades or DeFi autonomously.
Then came the surreal
Autonomous agents could automate trading, yield farming, or even NFT flips. But events like this highlight risks: hacks, rugs, or just bad decisions by code.
: From BTC to AI Gold Rush
Institutional moves stole headlines too. Bitdeer, a top Bitcoin mining firm, sold all its BTC holdings. Why? To pour cash into AI and high-performance computing (HPC) infrastructure. They now hold zero BTC, betting big on AI data centers.
This pivot makes sense. Miners have cheap power, cooling, and hardware perfect for AI training. GPUs for mining double as AI accelerators. With BTC halving cutting rewards, AI offers fatter margins. Expect more miners like Marathon Digital (MARA) to follow.
MARA shared top stories: big acquisitions, infra upgrades, and new security threats in mining-AI crossovers. Hackers eye these hybrid ops, so cybersecurity is key.
What Drove the ?
Several factors fueled the downturn:
- Macro Pressure: BTC dipped below $60K, dragging alts.
- Hype Fatigue: AI tokens pumped hard in Q2; profit-taking hit.
- Tech Delays: Promised AI breakthroughs like full agent swarms are slow.
- Competition: Big Tech (Nvidia, Google) dominates AI compute.
Yet, fundamentals stay strong. AI needs decentralized compute, data, and models—crypto’s sweet spot.
Looking Ahead: Bullish on AI Crypto?
Despite
- OpenAI integrations with blockchains.
- More miner-to-AI shifts.
- Regulated agent frameworks.
AI crypto market cap still tops $20B. Dips like this are buy chances for long-term holders.
Final Thoughts
This week’s mix of
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