AI cryptocurrencies have significantly reduced the value of top crypto assets

Bitcoin BTC $101,005.00 Mezo Wrapped BTC -1.19% Market capitalization $52.94 million VOL. 24 hours $3.21 billion holds its position at around $ 102,000, despite the decline in activity on the crypto market and the strengthening of the US dollar. According to CoinDesk, the total capitalization of the crypto market increased by 0.8%, but most altcoins, including Solana SOL $154.95 Binance-Peg SOL -0.95% Market capitalization $0.17 billion VOL. 24 hours $0.58 billion , XRP XRP $2.21 XRP -1.37% Market capitalization $132.67 billion VOL. 24 hours $0.35 billion and Dogecoin DOGE $0.17 Binance-Peg Dogecoin 6.09% Market capitalization $0.43 billion VOL. 24 hours $0.2 billion , are showing a correction amid concerns about the overvaluation of companies in the field of artificial intelligence.

Analysts note that the growing interest in AI-related stocks has caused a new wave of caution among investors. This led to a partial withdrawal of capital from risky assets, including cryptocurrencies. Solana lost about 3%, XRP — 2.5%, and DOGE dropped below $ 0.16.

Despite the short-term volatility, Bitcoin remains steady at over $ 100,000, which analysts attribute to the activity of institutional investors and stable demand for spot BTC-ETFs. Some traders see the current consolidation as a «healthy pause» after the rapid growth seen in October.

Amid these developments, Ethereum dropped to $ 3,330, following the trend of altcoins. Experts also note that macroeconomic factors, including the expectation of new signals from the US Federal Reserve, may affect further market dynamics.

CoinDesk market observers emphasize that the current phase resembles a «correction after overheating» rather than the beginning of a bearish trend. At the same time, close attention to technology sectors, including artificial intelligence, may temporarily reduce risk appetite in the crypto market.