AI Tokens Tumble As Biden White House Lays Down New Executive Order Citing National Security Risks
Portfolio Pulse from Mehab Qureshi
AI-related tokens including The Graph’s GRT, Fetch.AI, SingularityNET’s AGIX, and Ocean Protocol’s OCEAN have seen a decrease in price following President Joe Biden’s Executive Order on AI use. The order aims to address potential threats associated with AI technology. Render, Fetch.AI and Singularity Network have experienced declines of 5%, 1.5% and 5.2% respectively. Bitcoin (CRYPTO: BTC) was trading at $34,281 up 0.20% in the last 24 hours.
November 01, 2023 | 4:14 am
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Bitcoin's price has increased by 0.20% in the last 24 hours.
Despite the decline in AI-related tokens, Bitcoin's price has increased slightly. This suggests that the impact of the Executive Order on Bitcoin is currently minimal.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50