Major AI-related tokens have risen in the past 24 hours, as has the native cryptocurrency associated with SingularityNET. and fetch eye 
FET
+7.47%
They recorded gains of over 9% and 11% respectively.
Fetch.ai, which leverages AI and machine learning to automate business tasks, is up nearly 170% over the past month.
According to CoinGecko's list of AI tokens, only two AI-related tokens among the top 10 by market cap have experienced a slight retracement.
All other products in the top 10 of the AI token sector are rising, including cryptocurrencies like . 
RNDR
+0.68%
, Render's native token. Render, a decentralized platform that helps artists access computing power to render generated AI artwork, is up more than 4% in the past 24 hours.
The daily rise in AI-related tokens is joined by AIOZ, the native token of the AIOZ network. Its price has increased by 7% over the past day and is currently trading at $0.83. AIOZ price has increased by 338% in the last month.
Earlier this month, a Coinbase Institutional report noted that many “AI-related tokens may continue to be traded as a more general proxy for AI advances,” a trend that has been observed in recent months.
Bitcoin shows volatility
The value of the largest cryptocurrency by market cap has risen more than 1% in the past 24 hours, trading at $63,559 as of 7:48 a.m. ET, according to The Block's price page.
The GM 30 index, which represents the top 30 cryptocurrencies, rose 3% to 140.42 in the past 24 hours.
According to CoinGecko data, Bitcoin has a 49.8% advantage and Ether has a 15.6% advantage.
Bitcoin price has increased by more than 1% in the past 24 hours. Image: The Block.
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