Artificial Intelligence-related crypto assets recorded impressive gains following a surge in the Nvidia stock price.
Nvidia Corp stock rose by 8.15% on Sept. 11, closing the day at $116.91. The company’s market cap reached $2.86 trillion, according to data provided by MarketWatch. Nvidia has recorded a 142.7% rally this year so far.
Following Nvidia’s bullish momentum, AI-focused cryptocurrencies witnessed a 0.3% rise over the past day. According to data from CoinGecko, the total market cap for AI tokens is currently hovering at $23.46 billion with a daily trading volume of $1.5 billion.