Nvidia’s stock reached a new high after the company reported record revenue of $26.04 billion for the first quarter, beating analyst expectations. This positive news could have a beneficial impact on cryptocurrencies linked to AI technology. In the past, the rise in NVDA stock and the tech-heavy Nasdaq index has influenced investment in the crypto market and AI-related coins. Following Nvidia’s announcement, top AI coins like FET, ICP, RNDR, and GRT showed mixed trading patterns, having previously experienced gains. This information comes from data provided by CoinGecko.
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