Meta-FAIR's AI initiative accelerates SingularityNET trading surge, shakes up crypto market dynamics

SingularityNET's price jumped by 12%, accompanied by a dramatic 200% surge in trading volume, revealing AI's transformative influence in cryptocurrency trading strategies.

Sources:
Blockchain NewsBlockchain
Updated 10m ago
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Market Developments Following AI News

Correlation coefficient between Bitcoin and AGIX
0.8
Key Facts
  • As of 2:30 PM UTC on April 18, 2025, the correlation coefficient between Bitcoin and AGIX increased to 0.75, indicating a strong positive relationship influenced by AI news.Blockchain News
  • The impact of AI advancements is changing market sentiment and creating new trading opportunities.Blockchain News
Background Context

Impact of Meta-FAIR's AI Initiative on Market Dynamics

Meta-FAIR has announced a significant open source AI initiative that could impact cryptocurrency trading strategies.
Yann LeCun
Blockchain News
Price surge of SingularityNET (AGIX)
7.2%
Blockchain
AGIX price after surge
$0.45
Blockchain
AGIX price before surge
$0.42
Blockchain
Increase in AGIX trading volume
23%
Blockchain NewsBlockchain
AGIX trading volume after increase
120 million
Blockchain NewsBlockchain
Price increase of Bitcoin
1.3%
Blockchain
Bitcoin price after increase
$65,000
Blockchain
Key Facts
  • Meta-FAIR announced a significant open source AI initiative impacting cryptocurrency trading strategies.Blockchain News
  • The AI initiative led to immediate market reactions, with SingularityNET (AGIX) pricing increasing by 7.2%, from $0.42 to $0.45.Blockchain
  • AGIX's trading volume jumped by 23% to 120 million tokens within the announcement hour.Blockchain NewsBlockchain
  • Bitcoin also saw a minor rise of 1.3% to $65,000 at 11:00 AM UTC, reflecting broader market sentiment.Blockchain
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