Top AI cryptos drop over 20% as Big Tech’s AI spending spree sparks concerns

Posted On February 6, 2026

Top AI-focused cryptos like TAO, NEAR, ICP, and RENDER faced losses surpassing 20% as investor demand in the sector fell amid concerns surrounding Big Tech’s growing bets on AI infrastructure. According to data from CoinGecko, Bittensor (TAO), the largest AI-focused…