AI Bubble Bursting?
gm Bankless Nation, with investor enthusiasm in AI cooling, the technology still continues to improve and gain adoption. What comes next?
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📸 Daily Market Snapshot: The stock market took a breather today after 8 straight days of gains ahead of the Federal Reserve's Jackson Hole Policy Symposium, at which guidance for lower interest rates is expected to be announced. While crypto majors are moderately in the red, with markets selling off after an early morning rally, many mid-cap tokens are holding out green.
Remember the good old days of late 2023, when AI coins and stocks were the hottest thing? Well, those days are gone – for now. The market has cooled its jets, leaving many investors wondering if the whole AI thing was just a flash in the pan.
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