Top AI Cryptos Plummet 20% Amid Big Tech's AI Spending Fears
ByAinvest
Friday, Feb 6, 2026 4:38 am ET1min read
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Top AI cryptos like TAO, NEAR, ICP, and RENDER fell 20% as investors worry about Big Tech's massive AI spending, potentially eroding margins before monetization. The combined market cap of all AI cryptos plunged 40% on Friday amid concerns over Big Tech's growing bets on AI infrastructure.
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