AI tokens market tanks 14.6% as Nvidia faces anti-trust probe in China

CoinMarketCap12-10

Artificial Intelligence-related cryptocurrencies saw significant declines, with the AI coins market cap dropping 14.6% in a day following reports of China’s anti-trust probe into AI chip-making giant ...

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Render , Akash Network , FET, and The Graph  suffered losses of 9.7%, 9.6%, 8.6%, and 8% respectively in the same period.Meanwhile, other AI tokens such as Bittensor , Arkham , Livepeer , and Flux  suffered much higher losses, between 12-16,% respectively. The losses across AI-related cryptocurrencies led to a 14.6% slump in the market cap of AI coins, bringing it down to $40.56 billion at the time of writing.The AI sector fell after China launched an investigation into Nvidia for suspected violations of the country’s anti-monopoly law. The State Administration for Market Regulation also accused the U.S. chipmaker of breaching commitments tied to its 2020 acq","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVD2.UK":"2X NVIDIA ETP","NVD":"GraniteShares 2x Short NVDA Daily ETF","2NVD.UK":"2X NVIDIA ETP","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","LU1116320901.HKD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A6\" (HKD) INC","LU2491049909.HKD":"WELLINGTON SUSTAINABLE OUTCOMES \"A\" (HKD) ACC","NVD3.UK":"LS 3X NVIDIA","NVDD":"Direxion Daily NVDA Bear 1X Shares","SNVD.UK":"LS -1X NVIDIA","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","NEAR":"iShares Short Duration Bond Active ETF","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","NVDS.UK":"LS -1X NVIDIA","LU1366192091.USD":"ALLIANZ US EQUITY PLUS \"AM\" (USD) INC","LU0889565833.HKD":"FRANKLIN TECHNOLOGY \"A\" (HKD) ACC","LU2360106780.USD":"BGF WORLD TECHNOLOGY \"A4\" (USD) INC","LU0056508442.USD":"贝莱德世界科技基金A2","FLUX":"Flux Power控股","NVDS":"Tradr 1.5X Short NVDA Daily ETF","LU2065170008.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) INC","LU1084165304.USD":"FIDELITY WORLD \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","NVDU":"Direxion Daily NVDA Bull 2X Shares","TAO":"中国房地产指数ETF-Guggenheim","LU0345768740.USD":"NINETY ONE GSF GLOBAL STRATEGIC MANAGED \"A\" (USD) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","NVDX":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","SG9999002224.SGD":"Allianz Global High Payout SGD","NVDY":"YIELDMAX NVDA OPTION INCOME STRATEGY ETF","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","NVDA":"英伟达","LPT":"Liberty Property Trust","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","BTC":"Grayscale Bitcoin Mini Trust","LU2456880835.USD":"ALLIANZ GLOBAL INCOME \"AT\" (USD) ACC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU0077335932.USD":"FIDELITY AMERICAN GROWTH \"A\" INC","LU2756315318.SGD":"ALLIANZ INCOME AND GROWTH \"AMG\" (SGDHDG) INC A","3NVD.UK":"LS 3X NVIDIA"},"translate_title":"英伟达在中国面临反垄断调查，人工智能代币市场暴跌14.6%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TAO":1,"NVDA":1,"NEAR":1,"LPT":1,"FLUX":1,"BTC":1,"NVD":0.6,"NVD2.UK":0.6,"NVD3.UK":0.6,"NVDD":0.6,"NVDS":0.6,"NVDS.UK":0.6,"NVDU":0.6,"NVDX":0.6,"NVDY":0.6,"SNVD.UK":0.6,"3NVD.UK":0.6,"2NVD.UK":0.6},"content_text":"Artificial Intelligence-related cryptocurrencies saw significant declines, with the AI coins market cap dropping 14.6% in a day following reports of China’s anti-trust probe into AI chip-making giant Nvidia.\nNear Protocol (NEAR), the largest AI coin by market cap, fell over 8.6% over the past day, trading at $6.65 per coin at press time. Render (RENDER), Akash Network (AKT), FET, and The Graph (GRT) suffered losses of 9.7%, 9.6%, 8.6%, and 8% respectively in the same period.\nMeanwhile, other AI tokens such as Bittensor (TAO), Arkham (ARKM), Livepeer (LPT), and Flux (FLUX) suffered much higher losses, between 12-16,% respectively. The losses across AI-related cryptocurrencies led to a 14.6% slump in the market cap of AI coins, bringing it down to $40.56 billion at the time of writing.\nThe AI sector fell after China launched an investigation into Nvidia for suspected violations of the country’s anti-monopoly law. The State Administration for Market Regulation also accused the U.S. chipmaker of breaching commitments tied to its 2020 acquisition of Israeli chip designer Mellanox Technologies.\nYou might also like:  FET, TAO, and other AI tokens rally as Nvidia surpasses Apple \nThe report had a significant impact on Nvidia, which derives approximately 15% of its revenue from customers in China, according to its most recent financial report. Nvidia’s shares fell by 2.55%, closing at $138.81 on Tuesday in the New York markets.\n\n\n  Nvidia stock price | Source: Google Finance\n \n\nAI-related cryptocurrencies often respond to news involving Nvidia. As previously reported by Crypto.news, several of these tokens experienced double-digit losses after Nvidia faced its largest one-day market value drop on Sept. 4 following an antitrust subpoena from the U.S. Department of Justice.\nThis time, AI-related coins also faced setbacks as Bitcoin (BTC), the bellwether crypto asset, experienced a flash crash on Dec. 10, briefly falling below $95,000 from an intraday high of $100,200 recorded the previous day. \nThe crash triggered a ripple effect across the broader crypto market, which fell by 6.8% in the past day, leading to a massive $1.7 billion in liquidations.\nRead more:  NEAR, FET, TAO surge following Alibaba, Nvidia partnership","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2490091025"}