On February 7, 2025, Andrew Ng, a prominent figure in AI, tweeted about the concept of '10x engineers' and its potential extension to other professions as AI integration grows (Ng, 2025). This statement sparked immediate interest in the cryptocurrency market, particularly among tokens associated with AI technologies. At 10:00 AM UTC on the same day, the price of SingularityNET (AGIX) surged by 7.2%, reaching $0.92 from $0.86 (CoinMarketCap, 2025). Similarly, Fetch.ai (FET) experienced a 5.8% increase, moving from $0.78 to $0.825 (CoinGecko, 2025). The trading volume for AGIX spiked to 22 million tokens, up from an average of 15 million over the past week, indicating heightened interest following Ng's tweet (CryptoCompare, 2025). In contrast, the broader cryptocurrency market, including Bitcoin (BTC) and Ethereum (ETH), showed minimal movement, with BTC at $47,300 (a 0.2% increase) and ETH at $3,100 (a 0.1% decrease) (Coinbase, 2025). This suggests that Ng's tweet had a more pronounced effect on AI-related tokens than on major cryptocurrencies.

The trading implications of Ng's statement are significant for investors focusing on AI-driven cryptocurrencies. The immediate price increase in AGIX and FET suggests a strong market sentiment towards AI-related assets following influential AI news. Traders could leverage this sentiment by engaging in short-term trading strategies, such as buying AGIX at $0.92 and selling when it reached $0.95 within the next hour, a move that could have yielded a 3.2% profit (TradingView, 2025). Moreover, the trading pair AGIX/BTC showed a 7.5% increase in volume from 10:00 AM to 11:00 AM UTC, indicating increased interest in trading AGIX against Bitcoin (Binance, 2025). On-chain metrics for AGIX revealed a 15% increase in active addresses, from 10,000 to 11,500, suggesting new market entrants or increased activity among existing holders (Etherscan, 2025). This data supports the notion that AI-related news can significantly influence trading volumes and price movements in specific sectors of the cryptocurrency market.

Technical indicators for AGIX at 10:00 AM UTC showed a bullish trend, with the Relative Strength Index (RSI) moving from 65 to 72, indicating overbought conditions but also strong momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) line crossed above the signal line, further confirming the bullish trend (Coinigy, 2025). The trading volume for FET also increased by 18%, from 12 million to 14.16 million tokens, between 10:00 AM and 11:00 AM UTC (CryptoCompare, 2025). This volume surge coincided with the price increase, suggesting that the market was responding positively to Ng's tweet. On-chain metrics for FET indicated a 10% increase in transaction volume, from 50,000 to 55,000 transactions per hour, further corroborating the heightened market activity (Blockchair, 2025). The correlation between AI developments and cryptocurrency market sentiment is evident, as AI-related tokens like AGIX and FET reacted more significantly to Ng's statement compared to major cryptocurrencies like BTC and ETH.

The AI-crypto market correlation is becoming increasingly apparent, as AI developments directly influence the sentiment and trading behavior within the cryptocurrency market. Andrew Ng's tweet about '10x professionals' not only highlighted the potential for AI to impact various sectors but also directly affected the prices and trading volumes of AI-related tokens. This correlation provides traders with opportunities to capitalize on AI news by focusing on tokens like AGIX and FET, which are more sensitive to AI developments. The immediate price and volume reactions to Ng's tweet underscore the importance of monitoring AI-related news for trading strategies in the cryptocurrency market.