Crypto AI Tokens Surge Over 30% Amid Anticipation of Trump Policies

2 min

Cryptocurrencies linked to artificial intelligence (AI) surged on Tuesday, while Bitcoin remained below recent highs. Key developments include:

  • AI16Z and ARC gained over 30%.
  • Other tokens like GRIFFAIN and ZEREBRO also saw double-digit increases.
  • President Trump plans to announce up to $500 billion in private sector AI infrastructure investments.
  • Trump rescinded a Biden-era executive order on AI risks.

The crypto AI agent sector is rapidly growing, now a multibillion-dollar asset class since the emergence of AI tokens. These agents perform functions such as social media posting and transaction execution.

Market sentiment remains cautious, with Bitcoin trading around $106,000, boosted by MicroStrategy's acquisition of 11,000 BTC, totaling over $49 billion in holdings.

Ethereum struggles near its weakest price against Bitcoin amid community backlash regarding its market position.

Analysts from K33 Research suggest a soft derisking in anticipation of potential executive orders that could increase market volatility.

Bitcoin faced resistance at $110,000 but has shown resilience, with quick buy-ups at dips to $100,000. Market strategist Joel Kruger noted concerns about Trump's engagement with crypto may be overstated due to his recent activities and commitments in the space.

Original publication

Authors credited by the source: Krisztian Sandor

Published by Holder based on an external source.