AI-Related Stocks Surge, Cryptocurrencies Mirror the Optimistic Sentiment

TheNewsCryptoPublished on 2026-02-03Last updated on 2026-02-03

Abstract

AI-related stocks surged on Monday, contributing to record highs in major US stock indexes. Companies like SanDisk, AMD, and Micron Technology saw significant gains, with AI accounting for over a quarter of the S&P 500. Alphabet and Amazon also rose ahead of quarterly earnings reports. The optimism extended to AI cryptocurrencies, with the sector's market cap increasing 3.57% to $15.20 billion. Tokens like TAO, NEAR, and ICP posted notable gains. Tron DAO founder Justin Sun expressed bullish sentiment, stating "All in AI." Overall, US indexes performed well, with the Dow rising 1.05%. However, the crypto market faces headwinds from recent Bitcoin liquidations of approximately $2.5 billion, keeping BTC below $80,000.

Stocks of companies in the AI sector surged on Monday, contributing to the highs of the overall US Stock Indexes. AI cryptocurrencies continue to mirror a similar sentiment. Tron DAO Founder Justin Sun published a post to express his support for the AI segment in general.

AI Stocks Soar

Stocks of AI-related companies closed Monday on a high. Alphabet and Amazon added 1.9% and 1.5% to their respective values. However, they were overshadowed by the likes of SanDisk, Advanced Micro Devices, and Micron Technology. Each gained 15.4%, 4%, and 5.5%, applicable in the same order.

AI, according to a report by Reuters, dominated S&P 500 by accounting for more than a quarter of the Index. Notably, Alphabet and Amazon are likely to report their quarterly results sometime this week. It could give an additional glimpse into the near future of AI to investors. Meanwhile, US stocks in the AI segment have re-ignited optimism among investors.

AI Cryptocurrencies Surge

The optimism extends across the sector of AI cryptocurrencies. The collective market cap is up by 3.57% to $15.20 billion. Top AI tokens have recorded significant gains, like TAO (4.55%), NEAR (2.18%), and ICP (2.70%), in the last 24 hours.

Tron DAO Founder Justin Sun has expressed his support for the AI sector by publishing an X post, saying, All in AI. While the context is broad, it likely translates to staying bullish about the sector, including its cryptocurrencies. Needless to say, it is important to do research and risk assessment before crypto investments, or any other kind of investments.

Overall US Stock Indexes

All three US stock indexes performed well on Monday, with Dow noting the highest gains of 1.05%. It is followed by Nasdaq with 0.56% rise and S&P 500 with 0.54% gain. The Russell 2000 index also jumped by almost 1%.

A lot of highs in the AI cryptocurrencies or related stock indexes are attributed to recent developments. This includes the closure of the India-US trade deal and a comeback of Gold & Silver after a couple of consecutive drops.

However, the crypto market, for one, could take time to recover from the recent BTC liquidations of approximately $2.5 billion. The flagship token continues to trade below $80k, down by 10.90% over the last 7 days.

Highlighted Crypto News Today:

CZ Denies Binance Role in Recent Crypto Sell-Off

TagsAIcryptocurrenciesstocks

Trending Cryptos

Related Questions

QWhich AI-related companies saw significant stock gains on Monday, and what were their respective increases?

ASanDisk gained 15.4%, Advanced Micro Devices (AMD) rose 4%, and Micron Technology increased by 5.5%.

QWhat percentage of the S&P 500 Index does the AI sector account for according to the Reuters report?

AThe AI sector accounts for more than a quarter of the S&P 500 Index.

QHow much did the collective market cap of AI cryptocurrencies increase, and what is the new total?

AThe collective market cap of AI cryptocurrencies increased by 3.57% to $15.20 billion.

QWhat did Tron DAO Founder Justin Sun express in his X post regarding the AI sector?

AJustin Sun expressed his support for the AI sector by saying 'All in AI', indicating a bullish stance on the sector, including AI cryptocurrencies.

QWhich US stock index had the highest gains on Monday, and what was the percentage increase?

AThe Dow Jones Industrial Average had the highest gains of 1.05% on Monday.

Related Reads

Supporters of Bitcoin BIP-110 Update Have Prepared a 'Last Resort' Plan If the Proposal Is Not Adopted: It Could Radically Change BTC's Value

Supporters of the BIP-110 update for Bitcoin have prepared a contingency plan in case the proposal is not adopted, a move that could radically alter BTC's value. Developer Chris Guida has adapted a proof-of-work code originally created by Luke Dashjr in 2017 for the current version of Bitcoin Knots. This adaptation is described as a last-resort measure to be activated if miners do not signal readiness for BIP-110. The proposal itself is a soft fork aimed at temporarily limiting the storage of arbitrary data in Bitcoin transactions. It introduces stricter limits on new transaction outputs, OP_RETURN fields, and witness data, with rules designed to expire after approximately one year. Guida stated this option needs to remain open if miners were to "conspire to betray Bitcoin." Should the contingency code be used, it could change Bitcoin's current mining algorithm. This change would likely prevent existing ASIC miners from generating blocks on the new chain, leading to a large-scale reorganization of the Bitcoin mining network. Luke Dashjr, another Bitcoin Knots developer, contributed to the code and expressed hope it would not be needed, but sees its existence as useful for a potential crisis. A supporter known as Mechanic argued that the mere possibility of a proof-of-work change could act as a deterrent, emphasizing that Bitcoin's rules should be set by participants and node operators, not miners. While miner signals are tracked for BIP-110 activation, data from the proposal's official tracking page indicates support remains limited.

cryptonews.ru1h ago

Supporters of Bitcoin BIP-110 Update Have Prepared a 'Last Resort' Plan If the Proposal Is Not Adopted: It Could Radically Change BTC's Value

cryptonews.ru1h ago

Why Did Bitcoin's Price Remain Stable and Not Fall Despite the Recent Major Hack? Here's the Secret

The article discusses why Bitcoin's price remained stable despite a recent $100 million hack targeting individual cold wallets, citing insights from experts on "The Wolf of All Streets" channel. Analysts attribute this resilience to significant institutional shifts in the crypto market. Key points include: 1. **Market Maturation:** The crypto market has transitioned from being dominated by individual retail holders to institutional investors. Most new capital now enters via regulated channels like spot ETFs and custodial services (e.g., Coinbase, Anchorage), making vulnerabilities in individual cold wallets less impactful. 2. **Institutional Dominance:** Control over price dynamics has shifted from miners and crypto exchanges to Wall Street and institutional capital. These large players operate with long-term strategies, viewing price corrections as buying opportunities rather than reasons for panic. 3. **Increased Resilience:** Institutional involvement has reduced market sensitivity to negative news. Sellers are largely exhausted, and remaining holders are steadfast. Major financial institutions (e.g., Morgan Stanley, Wells Fargo) are incorporating crypto assets into portfolios, with research teams recommending allocations of 1–6% to Bitcoin. 4. **Risk Perception:** Bitcoin's integration into traditional financial indices has lowered perceived risk among professionals and institutions, further stabilizing its price against isolated security breaches.

cryptonews.ru2h ago

Why Did Bitcoin's Price Remain Stable and Not Fall Despite the Recent Major Hack? Here's the Secret

cryptonews.ru2h ago

Trading

Spot

Hot Articles

Discussions

Welcome to the HTX Community. Here, you can stay informed about the latest platform developments and gain access to professional market insights. Users' opinions on the price of AI (AI) are presented below.

活动图片