Archive: ai crypto rally
Crypto Insider: Bitcoin Falls While AI Cryptos Rally
By Early Investing on May 31, 2023
Bitcoin dropped around 8% in May — its first monthly loss of 2023. There are a few factors that drove it down, including continuous inflation, high interest rates, and bitcoin decoupling from the Nasdaq. But while bitcoin is falling, AI cryptos are soaring. According to CNBC, SingularityNET (AGIX) rose as much as 19% last week. Cortex (CTXC) rose 6%, Measurable Data Token (MDT) rose 6.5%, and Fetch.ai (FET) rose nearly 5%. The AI crypto…