The AI-linked cryptocurrency market experienced a sharp sell-off over the past week, driven by a decline in U.S. technology stocks and investors’ concerns about an AI investment bubble. However, trading on Monday, November 9, 2026, showed clear signs of a reversal, as Asian stocks tied to the sector rebounded. Japan’s Nikkei rose 2.8%, while Taiwan’s Taiex gained 5.3%, lifting AI-related cryptocurrencies.
This rebound raises a key question for traders: was it merely a temporary bounce, or the beginning of the end of the correction?
Here are three coins that showed notable strength today:
1. http://Fetch.ai (FET) - The engine of the autonomous economy
http://Fetch.ai is considered one of the oldest AI projects in the crypto market. It aims to build a network of autonomous agents capable of performing complex tasks without human intervention, such as optimizing supply chains and energy networks.
The coin fell by more than 18% during trading last Friday, dropping to its lowest level in three months. Today, however, it rebounded by more than 7%, supported by a 40% increase in trading volume. Technically, the rebound followed a bounce from strong support at $0.52—the same level from which its previous rally began in May 2025.
2. Render (RNDR) - Graphics computing infrastructure
Render offers a decentralized solution for renting the graphics processing power (GPU) needed to train AI models and produce 3D content. As demand for computing power grows, demand for the network continues to rise.
The coin came under sharp selling pressure after a major company announced it was postponing its investments in AI infrastructure. However, an announcement today from the project team about a new partnership with a South Korean production studio drove the coin up 6.5% during Asian trading hours, bringing it back to $2.85. The RSI, which had been in oversold territory at 28, returned to 44 today, indicating further room for gains.
3. Bittensor (TAO) - The open intelligence network
Bittensor is described as one of the most ambitious AI projects. It is building a decentralized marketplace for machine-learning models, where developers who provide the best models are rewarded in TAO.
Although TAO was the least affected during the downturn, holding above $310, it was the quickest to rebound today, gaining 8.2%. This performance is attributed to the project's investor base, which tends to hold for the long term, as well as the coin's limited circulating supply. The number of active subnets on the protocol surpassed 64 this week, a new record that reflects the network's growing adoption regardless of price movements.
What will determine whether the rebound continues?
Despite today's positive signals, the outlook for AI coins remains closely tied to three factors:
First, the performance of U.S. technology stocks, particularly companies such as Nvidia and AMD. A continued recovery in these stocks would boost confidence and help liquidity return to the crypto sector associated with them.
Second, the U.S. Federal Reserve's decision on December 9. Expectations point to an 81% probability of an interest rate hike, which could put renewed pressure on riskier assets.
Third, AI projects' ability to deliver real products that generate revenue, rather than just future promises. The projects that prove their technological viability in the final quarter of this year will lead the next wave.