AI TRENDS | AI-Linked Crypto Market Cap Falls About 16% in October; Apple Earnings Among November Watchpoints

The market capitalization of AI-linked cryptocurrencies fell from about $16.32 billion on October 3 to about $13.72 billion on October 31, a decline of roughly $2.6 billion, or 16%. According to Odaily, selling in AI-related U.S. stocks affected the crypto market; NEAR, the largest AI-linked crypto asset by market capitalization, fell more than 16% over the same period, losing over $200 million in market value. Apple’s earnings report, the U.S. midterm elections and key economic data may be among the factors drawing market attention in November.