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Guavy AI Editorial TeamSentiment: -3Clout: 87

Cryptocurrency Prices Plummet Amid Fears of Artificial Intelligence Impact

The recent decline in cryptocurrency prices has been attributed to growing fears about the potential economic effects of artificial intelligence.

A research note published earlier this week sparked widespread concern among investors and analysts, predicting that a U.S. economy severely impacted by AI could have significant consequences for cryptocurrencies.

As a result, Bitcoin, Ethereum, and XRP have continued to plummet in value, with their prices falling below previous levels.