#BitwiseBitcoinETF
The market capitalization of AI tokens drops 28% from the peak of $70 billion in December
AI cryptocurrencies have fallen nearly 30% in value, but analysts predict a possible recovery during the 2025 altcoin season.
Artificial intelligence (AI) cryptocurrencies have lost almost a third of their accumulated value, despite optimistic expectations for an incoming altcoin season driven by more cryptocurrency-friendly regulations during 2025.
The accumulated market capitalization of AI cryptocurrencies stood at $50.5 billion at 7:15 am UTC, 28% lower than its peak of $70.4 billion recorded on December 7, according to data from CoinMarketCap.
The accumulated trading volume around AI tokens also experienced a decline, falling nearly 11% over the past month to the current $4.73 billion, suggesting that traders' interest in AI cryptocurrencies has diminished.
The nearly 30% drop in AI-based cryptocurrencies occurred during a broader bearish trend in the cryptocurrency market, which saw Bitcoin $94,607 The price experienced a correction of more than 14% from its all-time high of over $108,000 on December 17, according to data from Cointelegraph Markets Pro.
