On September 4, cryptocurrencies lost value due to news surrounding the technology company Nvidia.
đ The US Department of Justice has launched an investigation into Nvidia on suspicion of violating antitrust laws. The investigation is looking into whether the company is preventing users from switching to competitors' services.
The government is also concerned that Nvidia could illegally penalize partners who don't exclusively use its AI chips. Nvidia has vehemently denied the allegations.
đ As a result, the BTC/USD rate on Bitstamp fell to $55,602, which is the lowest level since August 8.
The AI-related token sector has also suffered. Over the past 24 hours, the market value of AI coins has fallen by 6.5% to $20.9 billion.
