- GRASS and FARTCOIN show gains amid a broader market sell-off this week.
- AI sector suffered a 17.2% loss, while Bitcoin and Ethereum dropped significantly.
Markets worldwide plunged this week as tariffs imposed by the U.S. government triggered widespread financial instability. The cryptocurrency and stock markets were hit hard, with significant assets like Bitcoin and Ethereum experiencing sharp declines.Â
The AI sector also saw a significant downturn, losing billions in market capitalization. Despite these losses, specific tokens, including GRASS and FARTCOIN, displayed resilience and posted gains.
Crypto and Stock Markets Face Widespread Losses
The global financial markets have faced severe volatility recently, as U.S. President Trump’s tariff policy escalated global economic tensions. Bitcoin (BTC) dropped by 6.34%, hovering just above $75,000, and Ethereum (ETH) fell by 16.87%. Both assets hit multi-week lows, reflecting market fears fueled by tariff impacts.Â
The FTSE Index sank to a one-year low, and Japan’s Nikkei Index entered a bear market, signaling broader economic distress. Analysts have linked the market downturn to heightened uncertainty caused by global tariff adjustments and their repercussions on investor sentiment.
AI Sector Wiped Out by Market Rout, but GRASS and FARTCOIN Shine
The AI token sector was among the hardest hit this week, losing 17.2% in market capitalization. DefiLlama’s data shows the sector’s total market value plummeting to $21.5 billion, marking a dramatic drop from its December 2024 peak. While nearly every AI token posted significant losses, a few outliers bucked the trend.Â
Source: DefiLlama’s
GRASS (GRASS) rose by 10.5% amid growing demand following its listing on the AscendEx exchange platform. Similarly, FARTCOIN recorded the most significant weekly gain, up 24.2%, standing out as the top performer in the AI agent sector. Other tokens, including Nillion (NIL) and Humans.ai (HEART), saw smaller declines, but the overall trend remained negative.
AI Projects Press On Despite Market Setbacks
Despite the widespread losses, the AI sector continues to make strides. Several notable projects have moved forward with key developments. BitDoctor launched its $AIDD token after a successful Alpha Sale, focusing on AI-driven healthcare solutions. VRAM AI made waves with the launch of its testnet through the Walrus Protocol on the Sui Network, distributing 3,333 Genesis Core fragments for future airdrops.In addition, Ambient, a blockchain project leveraging AI, raised $74 million in funding to develop a decentralized platform to replace Bitcoin’s outdated encryption methods. Meanwhile, Runway introduced its Gen-4 video generation model, allowing dynamic video creation with minimal training. Meta also launched its Llama 4 models, which support multimodal capabilities but were considered less competitive than models like ChatGPT.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
