Chip giant Nvidia (NVDA) has flashed a bearish “death cross” pattern—a technical signal that last preceded a 47% price drop in 2022. This raises concerns about its potential impact on AI-related crypto tokens.📉 Key Highlights:🔹 Nvidia’s stock closed bearish on March 21, down 9.66% this month.🔹 Despite this, AI crypto tokens like Render (RNDR), Bittensor (TAO), and FET have seen modest gains.🔹 Over the past month, the AI & Big Data crypto sector fell 23.7%, with NEAR Protocol dropping nearly 59% YoY.💡 Is the AI Crypto Hype Fading?Some traders believe the AI token boom is overhyped, with CryptoCosta stating: “The AI hype has already died down—now it’s about real utility.”🚀 Bullish or Bearish?A CoinGecko survey found 44.3% of traders still bullish on AI crypto for 2025, while Binance’s CZ warned: “Not every AI agent needs a token—focus on utility.” via /r/Crypto_donut https://ift.tt/17phb3Y
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