Investors are zeroing in on Wednesday’s Consumer Price Index (CPI) report, expected to show a 0.3% rise in February prices, cooling from January’s 0.5% gain.
The crypto market downturn has been particularly brutal on the sector’s previous darlings, AI projects and meme coins, with U.S. President Donald Trump’s own meme coin plunging 85% from its peak. AI agent project Virtuals Protocol, meanwhile, has seen its revenues crash, with analysts citing, “unproven utility [and] oversupply of tokens” as damping down interest in the wider AI agents sector.
Bitcoin, Ethereum Prices Extend Losses as Stocks Sag—What’s Next for Markets?
Stocks and crypto fell ahead of inflation data and Fed signals despite Trump moving to ease crypto banking restrictions.
Virtuals Protocol Revenue Crashes as AI Agent Demand Sinks
The platform's daily income has dropped at least 96% from its January peak, coinciding with the general decline in demand for AI agents.
President Trump's Solana Meme Coin Down 85% From Peak as Inflation Fears Slam Bitcoin
Not even the president’s meme coin is weathering the crypto market downturn, with TRUMP now down more than 85% from its all-time high.
Senate Banking Committee to Vote on Bipartisan 'Genius' Stablecoin Bill This Week
The bill seeks to establish a clear regulatory framework for stablecoins, addressing reserve requirements, audits, and licensing.
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