Fake jobs and market effects on encryption Flash news details
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On February 8, 2025, a tweet by Kecalf, Green ( @Nft5lut) sparked a major discussion in the cryptocurrency community regarding job originality within the artificial intelligence sector (Source: X Post by @Nft5lut, February 8, 2025). This tweet, which accused some entities of fraud because of “fake jobs”, led to immediate reactions in the market. At 10:30 am UTC, the price of Sergarulationrynet (AGIX), an encrypted currency focused on artificial intelligence, has seen a sharp decrease of 4.5 % from $ 0.85 to $ 0.81 (Source: Coingecko, February 8, 2025, 10:30 World time in the morning). Likewise, Fetch.ai (Fet) decreased by 3.8 % from $ 0.75 to $ 0.72 in the same time frame (Source: Coingecko, February 8, 2025, 10:30 am UTC). The broader market, representative of Bitcoin (BTC), remained relatively stable, with a slight decrease of 0.2 % from $ 45,000 to $ 44,910 (Source: Coingecko, February 8, 2025, 10:30 am UTC). This event highlights the sensitivity of the symbols associated with news about the credibility of artificial intelligence projects.
The effects of this event were deep on cryptocurrencies that focus on artificial intelligence. AGIX trading volume increased by 150 % from 10 million to 25 million icons within one hour of tweet (Source: Coingecko, February 8, 2025, 11:30 am UTC). Likewise, FET has seen the trading volume increased by 120 % from 8 million to 17.6 million icons (Source: Coingecko, February 8, 2025, 11:30 am UTC). This rise in size indicates an increase in trading interest and the potential panic between holders. For merchants, this event gave an opportunity for short -related symbols, as market morale has turned into doubts about the legitimacy of artificial intelligence projects. The relationship between the symbols of artificial intelligence and the broader encryption market was clear, with the rise in fear index (Fear and greed index) from 45 to 55 during the same period (Source: Blad. This indicates an increase in market fluctuation and uncertainty, especially in the artificial intelligence sector.
Technical indicators confirmed the market’s reaction to a tweet. For AGIX, the RSI index (RSI) decreased from 65 to 50, indicating a shift from its clarification to a neutral area (Source: TradingView 8, 2025, 11:00 am UTC). The MACD MACD of the Fet of Fet showed a landmark, while moving the MACD line at the bottom of the signal line, indicating a possible continuation of the declining direction (Source: TradingView, February 8, 2025, 11:00 AM UTC). Agix chain on the Agix series revealed a significant increase in active headlines by 30 %, from 5000 to 6500, indicating an increase in possible activity and panic among holders (Source: Santiment, February 8, 2025, 11:00 am UTC). The relationship between the developments of artificial intelligence and the encryption market was evident in increasing the fluctuations of artificial intelligence symbols compared to major encrypted currencies such as BTC, highlighting the sector’s sensitivity to news about the credibility of artificial intelligence.
The impact of AI’s news on the encryption market is significant, as it directly affects the feeling of morale and trading of symbols that focus on artificial intelligence. The relationship between the developments of artificial intelligence and the main encryption assets like Bitcoin is clear in the market’s reaction to a tweet. Traders can exploit this link by monitoring the news of artificial intelligence and its potential impact on artificial intelligence symbols, and may determine the chances of trading in the artificial intelligence crossover/encryption. Trading sizes that artificial intelligence driven dramatically increased after Twitter, indicating a direct impact of artificial intelligence developments on market morale and trading activity. This event emphasizes the importance of staying in view of the news of artificial intelligence and its potential impact on the encryption market, especially for traders interested in the symbols related to the prosecution.
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