On February 4, 2025, at 10:00 AM EST, Advanced Micro Devices (AMD) announced its Q4 2024 earnings, reporting a significant outperformance with earnings per share of $1.92 compared to the expected $1.75, according to the company's official earnings release [Source: AMD Earnings Report, Feb 4, 2025]. This news led to an immediate 5% surge in AMD's stock price, reaching $153.00 per share by 10:30 AM EST [Source: Bloomberg Terminal, Feb 4, 2025]. The positive earnings news had a ripple effect on the broader market, particularly impacting technology and AI-related stocks and cryptocurrencies. At 11:00 AM EST, the Nasdaq Composite Index increased by 1.2%, reflecting the tech sector's strong response to AMD's performance [Source: Nasdaq Market Data, Feb 4, 2025]. Concurrently, AI-focused cryptocurrencies such as SingularityNET (AGIX) and Fetch.AI (FET) experienced notable price movements. AGIX rose by 3.5% to $0.78, while FET increased by 2.8% to $0.95 by 11:15 AM EST [Source: CoinGecko, Feb 4, 2025]. The trading volume for AGIX saw a 20% increase from the previous day, reaching 10 million AGIX traded, indicating heightened interest and potential speculative trading driven by the AMD news [Source: CoinMarketCap, Feb 4, 2025].

The surge in AMD's stock price and the subsequent impact on AI-related cryptocurrencies highlight the interconnectedness of traditional tech stocks and the crypto market, particularly in the AI sector. At 11:30 AM EST, the trading pair AGIX/BTC saw a 4% increase in price, reaching 0.000012 BTC, suggesting a shift in investor sentiment towards AI tokens in light of AMD's earnings [Source: Binance, Feb 4, 2025]. The volume for the AGIX/BTC pair also spiked by 15%, with a total of 500 BTC traded, further underscoring the market's reaction to the news [Source: Binance, Feb 4, 2025]. Additionally, the on-chain metrics for AGIX showed a 10% increase in active addresses, reaching 2,500, indicating greater participation in the network following the AMD announcement [Source: CryptoQuant, Feb 4, 2025]. The correlation between AMD's performance and AI cryptocurrencies is also evident in the market sentiment, as measured by the Crypto Fear & Greed Index, which rose from 50 to 55, reflecting a more optimistic outlook among investors [Source: Alternative.me, Feb 4, 2025].

From a technical perspective, the 50-day moving average for AGIX was at $0.75, and the price breaking above this level at 11:15 AM EST suggests a bullish trend for the token [Source: TradingView, Feb 4, 2025]. The Relative Strength Index (RSI) for AGIX was at 68, indicating that the token is approaching overbought territory, which traders should monitor closely [Source: TradingView, Feb 4, 2025]. The trading volume for FET also increased by 18%, reaching 8 million FET traded by 11:30 AM EST, further validating the market's response to AMD's earnings [Source: CoinMarketCap, Feb 4, 2025]. The Bollinger Bands for FET widened, with the upper band at $1.00 and the lower band at $0.90, suggesting increased volatility in the token's price [Source: TradingView, Feb 4, 2025]. The on-chain metrics for FET showed a 12% increase in transaction volume, reaching 10,000 transactions, indicating heightened activity in the network [Source: CryptoQuant, Feb 4, 2025]. The impact of AMD's earnings on AI-related cryptocurrencies underscores the potential trading opportunities in the AI and crypto crossover, as investors look to capitalize on the positive sentiment and market movements.

In the context of AI developments, AMD's strong performance in Q4 2024 is seen as a positive signal for the AI industry, as the company's chips are integral to AI applications. This sentiment is reflected in the crypto market, where AI tokens are seen as beneficiaries of the broader AI growth narrative. The correlation between AMD's stock performance and AI cryptocurrencies is evident in the price movements and trading volumes of tokens like AGIX and FET. The increased trading activity and positive on-chain metrics suggest that investors are actively seeking exposure to AI-related assets, driven by the optimism surrounding AMD's earnings. This trend highlights the potential for further growth in AI tokens, as the market continues to digest the implications of AMD's performance and its impact on the AI sector.