On April 17, 2025, an important market event took place when a large AI company announced a breakthrough in automatic learning algorithms, leading to immediate reactions on the cryptocurrency markets. At 9:00 a.m., Bitcoin (BTC) experienced a sharp increase of 4.2%, reaching a price of $ 68,320, according to CoinmarketCap data. At the same time, Ethereum (ETH) experienced an increase of 3.8%, trading at $ 3,450, as indicated by Coingecko. The AI -related token, Singularitynet (Agix), jumped from $ 12.5% to $ 0.85, reflecting the positive response of the IA progress market (Source: Coinmarketcap, 9:05 am, April 17, 2025). This event highlighted the growing correlation between AI developments and the dynamics of the cryptocurrency market, especially in AI-oriented tokens.
The commercial implications of this IA breakthrough have been immediate and deep. Trading volumes against BTC increased by 25% in the first hour, totaling 15,000 BTC negotiated on major exchanges like Binance and Coinbase, according to Cryptocompare Data at 10:00 am, on April 17, 2025. Likewise, ETH saw an overvoltage of negotiation volume of 20%, with 75,000 ETH exchanged on the same platforms. The most notable increase was in Agix, with volumes jumping from 150% to 5 million Agix exchanged, highlighting the direct impact of AI news on related tokens (source: Coingecko, 10:15 a.m. April 2025). These volume peaks indicate a strong interest on the market for Cryptocurrencies focused on the AI, suggesting potential negotiation opportunities on the IA and cryptography crossing markets.
The technical indicators have provided additional information on the feeling of the market after the news of the AI. The relative resistance index (RSI) for BTC climbed to 72, indicating excessive conditions, while RSI of ETH reached 68 years, both recorded at 11:00 am, April 17, 2025 (source: tradingView). The AGIX RSI climbed to 85, signaling extreme oozing conditions and short -term correction potential. Chain metrics also reflected increased activity, active BTC addresses increasing by 10% to 1.2 million, and active ETH addresses increasing by 8% to 800,000 in the same period of time (source: Glassnode, 11:30 a.m. April 2025). These indicators suggest a feeling of bullish market motivated by AI developments, traders actively engaging in tokens related to AI.
The correlation between AI news and cryptocurrency markets was obvious in price movements and token trading volumes focused on AI. The increase in the price and volume of Agix was directly correlated with the breakthrough of the AI, demonstrating the sensitivity of the market to AI progress. In addition, the positive movements of BTC and ETH suggest a wider increase in the feelings of the AI news market, because investors perceive AI developments as beneficial for the whole ecosystem of cryptography. This correlation has trading opportunities in AI tokens, especially during AI information events, because traders can capitalize on the increased interest and volatility of these assets.
In summary, the breakthrough of the AI of April 17, 2025 had a significant impact on the markets of the cryptocurrencies, in particular the tokens focused on the AI. Merchants should closely monitor AI news for potential negotiation opportunities because these events can generate substantial price and volume movements in the cryptography market. By understanding the correlation between AI developments and cryptocurrency performance, traders can make informed decisions and capitalize on the increasing intersection of AI and crypto.
