AI-related cryptocurrencies fall despite Nvidia’s strong results $BTC

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AI-related cryptocurrencies failed to maintain their recent market momentum, despite Nvidia’s Q2 earnings report beating expectations. Despite the company reporting strong revenue growth, this did not translate into higher prices for related cryptocurrencies, which have seen a significant decline in the past 24 hours.

Nvidia’s latest earnings results showed that it beat market expectations in terms of revenue and profits. Revenues reached $30 billion, up from $28.9 billion, while earnings per share came in at $0.68, compared to expectations of $0.65.