AI crypto tokens are experiencing significant market gains, outperforming Bitcoin, as speculation builds ahead of Nvidia's Q4 earnings report due today. Some tokens, like Story, AI Rig Complex, and Livepeer, are seeing double-digit increases.
Bitcoin remains below the $90,000 level amid a bearish cycle. The positive movement in AI tokens is attributed to expectations around Nvidia's financial results. A strong performance could further boost AI crypto, seen in parallel with Nvidia's growth.
Concerns on AI efficiency lessening demand for Nvidia chips might introduce volatility in these markets, with analysts eagerly awaiting Nvidia's report.