On February 28, 2025, an important announcement was made by Bitwise analyst Andre Dragosch concerning the integration of AI into their investment strategies. This event was highlighted by the IOC of Bitwise Matt Hougan on Twitter at 10:45 am (Source: Twitter, @matt_hougan). The announcement detailed how Bitwise plans to use AI algorithms to improve their market analysis and their negotiation decisions, emphasizing the cryptocurrency sector. More specifically, integration was to start on March 1, 2025, with a first emphasis on Bitcoin (BTC) and Ethereum (ETH) trading pairs (source: Bitwise announces, February 28, 2025). The announcement led to an immediate increase in negotiation volumes against tokens related to AI, with tokens like Singularitynet (Agix) undergoing a 12% increase in the negotiation volume in the first hour following the announcement (Source: CoinmarketCap, February 28, 2025, 11:00 am). In addition, chain measures showed a 15% increase in the volume of transactions for Agix on Ethereum blockchain during the same period (source: Etherscan, February 28, 2025, 11:15 a.m.). This event has aroused considerable interest in the intersection of AI and cryptocurrency markets, which prompted traders to reassess their strategies in light of AI market dynamics.
The commercial implications for the integration of Bitwise AI are multiple. Immediately after the announcement, the Bitcoin price jumped from $ 3.5% to 11:30 am at 11:30 am, while Ethereum increased from $ 2.8% to $ 3,200 at the same time (source: Coinbase, February 28, 2025, 11:30 am hne). This movement was accompanied by a notable increase in negotiation volumes through the main exchanges, with a binance declaring a 20% increase in the BTC / USDT negotiation volume and a 15% increase in ETH / USDT trading volume at 12:00 p.m. (Source: Binance, February 28, 2025, 12:00 p.m. HNE). The relative resistance index (RSI) for the BTC and ETH has exceeded 70, indicating over -racket conditions which could point out a short -term potential correction (source: tradingView, February 28, 2025, 12 h 15 hne). For tokens linked to AI, the market response was even more pronounced, with tokens like Fetch.ai (FET) and the ocean protocol (Ocean) witness of an increase of 10% and 8% prices, respectively, at 12:30 p.m. (Source: Coindecko, February 28, 2025, 12:30 p.m. HNE). This suggests a solid feeling of market towards AI -focused investments in cryptographic space, which potentially leads to an increase in volatility and negotiation opportunities in these assets.
From the point of view of technical analysis, the impact of the announcement on market indicators is clear. The Divergence of Mobile Average Convergence (MacD) for BTC showed a Haussier crossing at 11:45 a.m., indicating a potential continuation of the upward trend (source: TradingView, February 28, 2025, 11:45 hne). Likewise, Bollinger for ETH bands have widened considerably, suggesting increased volatility and potential price escape (Source: TradingView, February 28, 2025, 12:00 HNE). Trading volumes against AI tokens continued to increase, Agix recording a bargaining volume of 50 million tokens at 1:00 p.m., an increase of 30% compared to the average of the day before (source: Coinmarketcap, February 28, 2025, 1:00 p.m. hne). Channel metrics further corroborate this trend, the number of active addresses for the FET increasing from 20% to 10,000 to 1:15 p.m. (Source: Etherscan, February 28, 2025, 1:15 p.m.). These data points indicate a strong market response to the integration of AI into the trading strategies of cryptocurrencies, highlighting the potential for significant negotiation possibilities in the AI tokens.
With regard to the correlation between the developments of the AI and the cryptography market, the integration of AI by ILO has led to a significant increase in commercial activity against the tokens linked to the AI. The correlation coefficient between the price movements of AI tokens like Agix and the major cryptocurrencies such as BTC and ETH has been calculated at 0.65 in the last 24 hours, indicating a moderate positive correlation (source: cryptocurrency, February 28, 2025, 2:00 p.m.). This suggests that AI developments can considerably influence market feeling and trading volumes in cryptographic space. In addition, it has been shown that the negotiation algorithms led by AI increase the negotiation volumes on average by 15% on various exchanges after the main announcements linked to the AI (source: Kaiko, February 28, 2025, 2:30 p.m.). Traders should closely monitor these trends to identify potential negotiation opportunities in the crossing of IA-Crypto, while IA integration into investment strategies continues to evolve.