AI-Related Cryptocurrencies Lead Crypto Rally As Altcoins Outperform Bitcoin

According to CoinDesk, artificial intelligence-related cryptocurrencies spearheaded a crypto rally on Monday, with altcoins outperforming bitcoin. Native tokens of layer-1 blockchain Near (NEAR) and decentralized computing platform Render (RNDR) surged 18%-20% over the past 24 hours, leading the CoinDesk 20 Index, which saw a 1.5% gain during the same period. Decentralized machine learning protocol Bittensor (TAO) climbed 17%, while Livepeer (LPT) continued its upward trend after Barry Silbert, CEO of Digital Currency Group (DCG), highlighted the token as an