The stock of chip-making Giant Nvidia (NVDA) shines a major bearish signal-the last time this pattern appeared, it retreated by about 50%. It can raise questions for the AI crypto sector, which, at times, seems to react to Nvidia’s price.
“The NVDA has only formed a death cross in the first time since April 2022. The last sender of the shares that dropped 47% in the next 6 months,” the Barcharter’s market data platform of the Barchart Says In a post of March 23 x. A Death of Death is a bearish signal that occurs when the 50-day simple transfer of average (SMA) market price of an asset drops below the 200-day SMA.
Source: Barchart
While Nvidia’s stock prices formed the Bearish signal before closing the trade week on March 21, many Crypto AI tokens have increased since then. Render (renderRender) is up to 4.06%, while the bittenor (Person) and alliance with artificial superintelligence (Fet) both around 2.88%, According to In CoinMarketCap data.
Nvidia has been a closely watched stock for AI entrepreneurs in recent times. While some crypto analysts are linked to the AI Crypto token surge to NVDA performance – like its nearly 70% rally in advance Nvidia’s Q2 income in 2024 – There have also been times when no clear relationship has emerged.
After Nvidia’s Q1 2024 Revenue jumps 18% from Q4 2023Some AI token entrepreneurs seem to have failed that strong results did not lead to a similar transfer to AI Crypto token prices.
Nvidia’s stock price dropped 9.66% last month. Source: Finance on Google
Some crypto entrepreneurs have recently suggested that the bubble explodes and that AI tokens with real utility have evolved. Crypto Trade Cryptocosta Says In a post of March 22 X, “The whole AI Hype has died, now it’s time for those who provide market solutions and revenue.”
Just last month, the market capitalization of the leading AI and Big Data Crypto tokens fell by 23.70%.
The largest token in this sector by market cap, near protocol (Nearby), has withdrawn about 59% in the last 12 months, now trading at $ 2.70.
Near is the trade at $ 2.70 at the time of publication. Source: CoinMarketCap
However, in a recent survey, about half of the crypto pundits said they were Bullish on crypto prices AI tokens.
Of 2,632 responding Survey By coingecko between February and March, 25% were “completely bullish,” and 19.3% indicated that they were “relatively bullish” for Crypto AI tokens in 2025.
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Around 29% of respondents were neutral on the subject, while a combined 26.3% was either relatively bearish or bearish.
Meanwhile, Binance’s former CEO Changpeng recently said “CZ” Zhao“While crypto is the money for AI, not all agents need their own token.”
“Agents can take fees on an existing crypto for providing a service. Launch only a coin if you have a scale. Focus on the utility, not tokens,” he said.
In February, Sygnum said In an investment reportWhile AI agents have gained “amazing -spectacular traction” to this day, they “struggle to prove their value beyond the speculation.”
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