The triggers that will decide AI crypto’s next move: Apple earnings and midterm elections
Photo: AMBCrypto
October was a reality check for AI crypto as AI-driven FUD hit risk sentiment. Concerns around high AI spending, higher indebtedness, and the uncertainty of returns have led to a sell-off in AI-related stocks spilling into cryptocurrency. The biggest macro overhang came from late-October earnings reports, which added pressure across U.S. equities. As can be seen below, the top AI stock (Nvidia) lost 10%+ in October, marking its sharpest monthly decline since the 2025 crash. This demonstrates just how much capital flow is influencing AI sentiment right now. From a technical standpoint, the answer looks straightforward.
Source: AMBCrypto
