FET, GRT, and AGIX stand out as AI-backed cryptocurrencies that traders are closely monitoring in light of the chipmaker's Q2 earnings announcement.
This represents a significant improvement from the net losses of $111.7 million reported in the same period last year, as well as the $288 million loss in the fourth quarter of the previous year.
Coinbase's Q1 revenue of $773 million exceeded expectations, surging 23% from the preceding quarter's revenue of just $655 million.
Bitcoin rallied on Tuesday afternoon, driven by better-than-expected first-quarter earnings from Alphabet and Microsoft. In contrast, both equities and Treasury yields faced a decline on the same day, hinting at the overall uncertainty in the financial markets.
The value of Bitcoin held on the balance sheet remained unchanged from the previous quarter, standing at $184 million.