AI crypto is back on the menu as the sector is leading the broader market recovery. In the past 24 hours, the AI sector has surged +2% and back over $29.5Bn, with FET crypto surging +5% overnight. This comes as Fetch.ai and Google Cloud will co-host the “Agentic Interop Summit” later today (December 8) in Mountain View, California.

Another event driving increased appetite in the AI crypto sector is the Global AI Show, which kicks off today in Dubai and runs until December 10. With many of the leading figures in the AI space either in California with Google and Fetch.ai or in the Middle East for the Global AI Show, AI crypto is surging in anticipation of news from both events over the next few days.

Upcoming AI conferences in California and Dubai are causing a resurgence in the AI crypto space, with FET crypto spiking overnight

(SOURCE: CoinGecko)

This Week in AI: Artificial Intelligence Events and Summits Around the Globe Leading to an AI Crypto Resurgence

Today, both the Global AI Show in Dubai and the Agentic Interop Summit in California will kick off, providing the AI crypto sector with a much-needed boost following months of dwindling interest in projects within the space.

This is especially true for the AI Summit in California, which Google Cloud and Fetch.ai co-host later today. FET crypto is one of the most prominent AI crypto projects on the market, with a $630M market cap, ranking only behind RENDER, TAO, and ICP.

Fetch.ai Artificial Superintelligence Alliance Artificial Superintelligence Alliance 3.15% Artificial Superintelligence Alliance Artificial Superintelligence Alliance FET Price $0.1887 3.15% /24h Volume in 24h $45.36M Price 7d Learn more has labelled the Summit as an event “where the builders solving the hardest problems in the agent economy are coming together. Identity. Payments. Discovery. Real interop. Real outcomes.”

Teams from Google Cloud, Google Gemini, Visa Intelligent Commerce, and others will gather to discuss identity, payments, discovery, and real agent-to-agent interoperability.

It is a potent lineup of industry leaders that can only be seen as bullish for the AI crypto sector. Fetch.ai has announced that, beyond the summit, it is also co-developing new capabilities, including Google Gemini AI-powered agents, A2A interoperability, and enterprise-grade agent deployment.

DISCOVER: 15+ Upcoming Coinbase Listings to Watch in 2026

FET Crypto Price Prediction for December Following the Google Cloud Summit

FET crypto has begun the week trading up +4% on the day, hitting $0.24, following a rough 30 days that saw the asset drop by more than -35%. This summit in California looks to be the spark to reignite not only appetite and demand for FET but throughout the AI crypto sector as a whole.

Worryingly, FET crypto is down -93% from its all-time high of $3.45, reached back in March 2024 at the height of the AI crypto bubble. As we head into 2026, recent price action should be reassuring for FET holders and the broader AI crypto community.

On the 8-hour chart, Fetch.ai is trading within a falling wedge, suggesting more downside over the next 6 weeks, but it is close to bottoming. A renewed appetite for AI projects, coupled with a liquidity injection into the sector, could lead to an explosive breakout.

Upcoming AI conferences in California and Dubai are causing a resurgence in the AI crypto space, with FET crypto spiking overnight

(SOURCE: TradingView)

The top of the wedge is situated at the March 2024 peak. Although there would be many hurdles and zones of resistance to overcome, a return to those highs could be possible, especially if the broader market environment improves heading into 2026.

In the short term, focusing on December, there is a strong support level at $0.21, which will be crucial to hold to avoid further downside. If this holds and liquidity within crypto improves, there is a significant amount of trapped liquidity between $0.50 and $0.60, which offers both a solid price target and a probable area of resistance.

$1 is both a psychological and technical resistance point for FET crypto and could be hit in December, but not without clearing the aforementioned liquidity pockets at around $0.50. It will take improved sentiment and liquidity within the broader market for Fetch.ai to stand any chance of reaching $1 before 2026 rolls around.

EXPLORE: 20+ Next Crypto to Explode in 2026

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Alex is a seasoned cryptocurrency trader and market analyst with over seven years of active experience in the digital asset space. Since entering the markets in 2017, Alex has specialized in identifying emerging "meta" trends and high-volatility narratives. Notably, Alex... Read More

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