A.I. Coins See Recovery and BitDAO Merges with Mantle Network

After bleeding lower this morning, crypto markets and gold saw relief immediately following Janet Yellen’s statement to bank CEOs that “more mergers may be necessary.” At the time of writing, BTC is up 0.12%, ETH is up 0.72%, and gold is up 1.07%. While most altcoins continue to underperform, AI-related coins have been standouts the past few days. AI coins SingularityNET (AGIX) and Fetch.ai (FET) are up 18.49% and 10.35%, respectively. These coins were among the top performers of Q1 2023 before cooling off most of Q2. Traditional markets are down slightly on the day, SPX fell 0.09%, and NDQ fell 0.22%.