Bitcoin held steady while AI-focused tokens like AI16Z and VIRTUAL dominated gains after a major AI initiative was announced by President Donald Trump.

The crypto market rebounded, with the overall market cap reaching $3.55 trillion. Emerging AI coins offer fresh opportunities for strategic investments.

Tech stocks enjoyed a surge Wednesday, driven by a sharp rise in semiconductor shares after President Donald Trump, OpenAI's Sam Altman, Oracle Corp. (NYSE:ORCL) co-founder Larry Ellison, and SoftBank CEO Masayoshi Son unveiled the Stargate Project on Tuesday.

Innovative technologies converge to address global energy needs, highlighting the potential of clean power solutions.

Riot Platforms Inc (NASDAQ:RIOT) made a strategic pivot that is shaking up its future trajectory. The company announced it would pause its Bitcoin (CRYPTO: BTC) mining expansion at Corsicana and instead conduct a feasibility study on converting its remaining capacity to AI and high-performance computing (HPC) use.

Mining fundamentals are strong with the cost to mine around $27K per bitcoin (BTC) for the larger players, the report said.

The CEO of Bitcoin ETF giant BlackRock said that continued adoption of BTC could push the asset's price to a multiple of the current mark.

Riot Platforms Inc RIOT shares are trading higher. The company on Tuesday announced that it halted its previously announced Bitcoin BTC/USD mining expansion to evaluate AI and high-performance computing (HPC) opportunities.

Gryphon Digital Mining is charting a transformative path by blending traditional energy solutions with advanced AI capabilities.

Ozak AI is set to play a pivotal role in the transformation of the altcoin trends and driving informed decision-making among investors in the market.

Stocks are approaching records in the first couple of days of Trump's presidency, with more pronounced moves in specific corners of the market this week.