Bitcoin has experienced a 7% decline over the past two weeks, potentially forming a new bearish structure low since October. Ethereum also saw a significant drop, losing over 10% in the same period. In contrast, AI-related tokens have shown strong performance, with the CoinDesk Computing Select Index rising by 1.9%, driven by gains in RENDER and FET. Meanwhile, the DeFi Select Index increased by 1.3%. Privacy tokens faced a downturn, with ZEC, XMR, and DASH each falling by 7%.
Bitcoin and Ethereum Decline as AI Tokens Gain
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