NEAR Claims Crown in Crypto's Pivot to AI: Wintermute
Photo: U.Today
The US Federal Reserve's hawkish rhetoric triggered a large-scale capital outflow from the digital asset industry, but the artificial intelligence (AI) sector managed to turn the general panic into a local rally. According to a fresh report from market maker Wintermute , the main beneficiary of the shift in market sentiment was the Near Protocol (NEAR) , which effectively took the AI-segment leadership crown amid falling key tokens. The published minutes of the Fed meeting confirmed that most officials expect another rate hike before the end of the year, pushing the yield on 10-year US government bonds to a multi-year…
Source: U.Today
