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Crypto AI Agents Turn Bearish as Market Cap Drops 15% In 24 Hours Beincrypto 02 Feb 2025

Crypto AI Agents Turn Bearish as Market Cap Drops 15% In 24 Hours 📉

Crypto AI projects, once highly valued, are experiencing a significant correction with market caps plummeting by 15% in just 24 hours. Tokens like VIRTUAL and AI16Z once reached record highs, but investor sentiment has sharply shifted. DeepSeek’s influence has exacerbated the correction, prompting sell-offs across the sector.

The market cap of Crypto AI Agents now stands at $8 billion, with all top tokens experiencing declines. VIRTUAL, for example, has dropped 61% in the last 30 days. The broader crypto AI sector requires renewed confidence and fresh catalysts to regain its momentum amidst investor reevaluations.

Source: beincrypto.com ↗

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