One of the strongest narratives right now is the AI narrative. Artificial Intelligence is the latest trend in Tech and it's here to stay for the foreseeable future.
🤔The market is still growing and AI didn't reach its full capabilities, so there's a lot of room to grow for this technology and Nvidia is very well positioned to take advantage of this situation.
Because of this, a lot of AI projects in Crypto are influenced significantly by what happens with Nvidia. Their earning calls usually have ripple effects throughout the market. If Nvidia's share prices increase, so do AI coins and if not, AI coins suffer some drop as well.
This is again one way in which external events can easily influence the cryptocurrency market and it highlights the importance of identifying what drives market sentiment.
As usual, do your own research and due diligence and do not take anything as financial advice. It is up to you to inform yourself and make an informed decision, with all risks calculated. 😎
Жауапкершіліктен бас тарту туралы мәлімдеме: үшінші тараптардың пікірлері бар. Қаржылық кеңес емес. Ішінде жарнамалық контент болуы мүмкін.Шарттар мен талаптарды қараңыз.
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