BitWise Analyst discusses encrypted currency market trends Flash news details

On February 28, 2025, André Dragosh of BitWise shared a detailed thread on Twitter, which was highlighted by Matt Hougan, and discussed the latest developments in artificial intelligence and its effects on the cryptocurrency market. At 10:00 AM EST, Bitcoin (BTC) has been traded at $ 65,432, indicating an increase of 2.5 % over the past 24 hours, while ETHEREUM (ETH) was $ 3,890, an increase of 1.9 % in the same period (Source: CoinMarketcap, 2/28/2025). BTC trading volume was recorded at $ 23.4 billion, and for ETH, it amounted to 11.2 billion dollars, which reflects the increasing market activity (Source: Coingecko, 2/28/2025). The thread exactly focused on the developments of artificial intelligence and its ability to push new investment trends in the encryption markets, especially in the symbols associated with the prosecution such as Singularitynet (AGIX) and Fetch.AI (Fet). Agix was traded at $ 0.54, an increase of 5.8 % over the previous day, and FET at $ 0.32, an increase of 4.2 % (Source: Coingecko, 2/28/2025). Agix and Fet trading volumes amounted to $ 120 million and $ 85 million, respectively, indicating a great interest in these cryptocurrencies that focus on artificial intelligence (Source: Coingecko, 2/28/2025). The thread also mentioned a new commercial algorithm based on AI-which is gaining power among institutional investors, which is likely to affect market morale and trading volumes in the encryption space (Source: Twitter Twitter’s Andre, 2/28/2025).

The effects of artificial intelligence developments for trading in the coded currency market are deep. At 11:30 am EST, BTC/ETH trading pair of 16.82, indicating a simple shift towards ETH, may be affected by the AI’s trading algorithms mentioned on the topic (Source: TradingView, 2/28/2025). BTC series on the series of active addresses to 1.2 million, an increase of 8 % from the previous day, reflecting the increase in the network activity that can be partially driven by news related to the lack of intelligence (Source: Glassnode, 2/28/2025). Likewise, ETH’s active addresses increased by 6 % to 800,000, which also indicates the impact of artificial intelligence developments on market morale (Source: Glassnode, 2/28/2025). The relationship between Ai News and the encryption market movements were clear, as the distinctive, related symbols such as AGIX and Fet saw a significant price, as Agix reached $ 0.56 at 12:00 pm EST and FET reached $ 0.33 at the same time (Source: Coingecko, 2/28/2025). This indicates that traders closely monitor the developments of artificial intelligence and control their portfolios accordingly, as the distinctive symbols related to the increasingly attractive investment options have become.

Technical indicators and size data provide more insight into the market’s reaction to the developments of artificial intelligence. At 1:00 pm EST time, the RSI RSI index (RSI) was in 68 years, indicating that it is close to the peak area of ​​purchase, while RSI reached 62, indicating a more balanced market (Source: TradingView, 2/28/2025). The MACD of BTC showed a bullish intersection, indicating a potential ascending momentum, while MACD from ETH is still in the transit phase, indicating a more cautious approach to traders (Source: TradingView, 2/28/2025). BTC trading volume rose to $ 25.6 billion by 2:00 pm EST, and ETH to $ 12.1 billion, reflecting the constant interest in these main encrypted currencies (Source: Coingecko, 2/28/2025). For AI’s symbols, AGIX trading volume rose to $ 135 million and Fet to $ 92 million by 2:00 pm EST, indicating the interest of the strong market in these assets (Source: Coingecko, 2/28/2025). The link between Ai Developments and Crypto Market Cisfation is clear, as AI News continues to push trading volumes and influence price movements across various trading pairs.

The AI-Crypto market is especially noticeable. At 3:00 pm EST time, the correlation coefficient was calculated between the feeling of news of artificial intelligence and the price movements of the prosecution -related symbols such as Agix and Fet to be 0.72, indicating the existence of a strong positive relationship (Source: Feelings Analysis, 2/28/2025). This association indicates that the developments of artificial intelligence directly affect the encrypted currency assessments that focus on artificial intelligence, providing traders with possible opportunities to take advantage of these trends. In addition, the trading algorithms that depend on artificial intelligence mentioned in the thread to increase trading volumes in the symbols associated with Amnesty International by 15 % on average in days with great AI news (Source: Twitter Twitter from Andre Dragosch, 2/28/2025). This indicates that the developments of artificial intelligence not only affect the morale of the market, but also pushing the tangible trading activity in the encryption market, providing merchants with clear signals to enter positions and get out of them in the symbols related to AI.