AI cryptocurrencies have surged over 24 hours. Nvidia suggesting to end its investments in OpenAI and Anthropic has had little impact, given that the reasons seem to be supportive for the moment. Overall, the crypto market has gained during the same timeline despite the growing conflict in the Middle East and Trump threatening Spain with a trade embargo.
AI Cryptocurrencies Rise
The majority of the AI tokens have recorded significant gains in 24 hours. Even the collective market cap has grown by 1.49%. RENDER, among the top tokens, has made the highest gain of 4.38%. It is now trading at $1.39. KITE and FET are next in line with an uptick of 3.20% and 3.50%, respectively.
NEAR, however, has lost 7.19%. This could possibly be a correction as the AI crypto had jumped by around 17% a couple of days ago after the Confidential Intents launch. Announced with a focus on privacy, Near Protocol, in the announcement, said that it would benefit DeFi users, developers, and institutions without forgoing discretion.
Nvidia Ending Investments in OpenAI and Anthropic
Jensen Huang, Nvidia CEO, has hinted that the company may end its investments in OpenAI and Anthropic. OpenAI is reportedly planning to table its IPO at an approximate value of $1 trillion. So is Anthropic, but the details are yet to be finalized.
Nvidia’s $30 billion investment in OpenAI is expected to be the last set while Anthropic tries to shed away the ongoing controversies for its association with the Pentagon. Nvidia has allocated $10 billion to Anthropic with no other allocation on the table at the moment.
Anthropic is reportedly slated to go public later in 2026.
Broader Recovery in the Crypto Market
The crypto market, in general, has noted a recovery in 24 hours. BTC has surpassed the $70k mark to now exchange hands at $72,192.40, up by 5.88%. ETH has outperformed the flagship token by jumping by 7.53% to $2,114.72. Bitcoin tokens are still expected to go as low as $60,000 in 2026.
A few reports do underline the possibility of reclaiming the $80k milestone before the drop.
Notably, the crypto market has recovered despite the Middle East conflict entering the 6th day. And, US President Donald Trump has threatened Spain with a trade embargo over the denial to access military base. It remains to be seen if the administration follows through with the threat.
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