Artificial intelligence-linked (AI) cryptocurrencies slumped as Apple's developers event failed to impress traders, with tokens like Render, Fetch.ai, SingularityNET, Bittensor's TAO, and Near Protocol tumbling 3%-6% in 24 hours.
Apple announced Apple Intelligence and partnership with OpenAI at WWDC2024. Despite this, Apple shares fell nearly 2% despite other U.S. equity indexes gaining.
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