
Nvidia's stock has formed a 'death cross' for the first time since April 2022, indicating a bearish trend as its 50-day moving average has fallen below the 200-day moving average. Historically, such a signal has led to a substantial decline, with shares dropping 47% over the following six months. Concurrently, the cryptocurrency market for AI tokens has experienced a significant downturn, with market capitalization plummeting 55.6% from $54 billion to $24 billion since its peak on January 7, 2025. This decline raises questions about the sustainability of the AI hype, as Nvidia's stock dips while AI-related cryptocurrencies rise. Despite these challenges, the atmosphere at the GTC AI Conference remains vibrant, showcasing participation from all major industries.
Despite NVIDIA’s stock flashing a bearish “death cross”—its 50-day moving average slipped below the 200-day moving average for the first time since January 2023—the energy at the GTC AI Conference was electrifying, @bulldogholmes writes. Every major industry was represented, from https://t.co/OI8XNMgo16
JUST IN: CRYPTO AI TOKENS PLUNGED 55.6% IN MARKET CAP, DROPPING FROM $54B TO $24B SINCE THEIR HIGH ON JAN 7, 2025. WILL THE AI META COME BACK?? Source: @CoinGecko https://t.co/7akeKan7PB https://t.co/Mvv0JzkRFe
Crypto AI tokens lost 55.6% of their market cap — down from $54B to $24B since its peak on Jan 7, 2025. Are you still bullish on AI tokens? 👀 https://t.co/GXHBgsuG07




