AI Crypto Market Gains Momentum as Apple to Introduce AI-Powered Tools

People are quite excited about the AI features that will be included in the forthcoming Apple devices, so this breakthrough comes at a good time.

AI-powered cryptocurrency is on the rise, with two of the top 200 performing cryptocurrencies being FET.AI and SingularityNET (AGIX).

People are excited about the AI features that will be included in the forthcoming Apple devices, which is driving interest in these coins.

As of September 10, 2024, AI cryptocurrencies are leading the altcoin market. According to data from CoinGecko, the two biggest cryptocurrencies in the space, Artificial Superintelligence Alliance (FET) and SingularityNET (AGIX), each saw an increase of 11.6%.

Overall, AI Cryptos had the second-highest gain overnight, while the AI Agents category on CoinGecko led the way with a 15% increase.

Apple to Introduce AI-Powered Tools

The spectacular unveiling of Apple Intelligence — a suite of AI capabilities that will be available on the brand-new iPhone 16 — is likely responsible for this interest, according to U.Today.

In its most recent presentation, Apple unveiled its own version of ChatGPT and other popular image editors, which will be powered by artificial intelligence (AI). You can use them to examine messages and remove things from iPhone images, for example.

Additionally, iPhone users will be able to use AI to modify emails and create their own images.

These features, which were introduced yesterday, will be available in the United States English version of iOS 18.1, iPadOS 18.1 and macOS Sequoia 15.1 next month.

Apple Sets Sights on AI Industry Rivals

Thus, Apple joins the ranks of OpenAI, Google, Microsoft and XAI in the artificial intelligence industry.

This interest is also driving the weak crypto market today, considering that the whole market cap of cryptocurrencies only increased by 2% and Bitcoin (BTC) alone increased by 3%.

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