Crypto and AI tokens hit hard as Bitcoin slips below $90,000

January 13, 2025
5:03 pm

Crypto and AI tokens hit hard as Bitcoin slips below $90,000

Bitcoin hovers above $91,000 after a brief drop under $90,000 on Monday.
Altcoins and AI-related tokens corrected heavily, responding to Bitcoin’s price drop.
AI agent launchpad coins erased nearly 15% from its market capitalization within 24 hours.
NEAR, ICP, Render and TAO declined between 5 and 7% on the day.

Bitcoin (BTC) lost support at the $90,000 level on Monday, down to a low of $89,256 on the day. Experts analyzed the state of the market, identifying catalysts like macroeconomic developments in the United States (US) and President-elect Donald Trump’s inauguration as the key movers for BTC.

The Artificial Intelligence (AI) category of tokens was the hardest hit, with AI agent launchpad tokens…

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