Bitcoin fell 7% over two weeks, potentially forming a new bearish structure low since October; Ethereum dropped over 10% during the same period. AI-related tokens performed strongly, with the CoinDesk Computing Select Index rising 1.9%, led by RENDER and FET; the DeFi Select Index gained 1.3%. Privacy tokens generally declined, with ZEC, XMR, and DASH falling by 7%.
Bitcoin and Ethereum prices fall, AI tokens rise
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Summary
The Fear and Greed Index fell below 40 as news surrounding Bitcoin and Ethereum turned bearish. Bitcoin dropped 7% over two weeks, approaching its lowest level since October. Ethereum experienced a steeper decline, falling over 10% during the same period. AI-related tokens gained momentum, with the CoinDesk Computing Select Index rising 1.9%, led by RENDER and FET. The DeFi Select Index increased by 1.3%, while privacy tokens such as ZEC, XMR, and DASH declined by 7%.
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