On February 24, 2025, Anthropic announced the enhancement of Claude's capabilities through an extended thinking mode, which provides a significant boost in tackling complex problems (Anthropic, 2025). This feature allows developers to set a 'thinking budget,' enabling precise control over the time Claude spends on a problem. The announcement was made via Twitter, and it has had immediate repercussions on the cryptocurrency market, particularly in AI-related tokens such as SingularityNET (AGIX), Fetch.ai (FET), and Ocean Protocol (OCEAN) (CoinMarketCap, 2025). At 14:30 UTC, AGIX saw a price increase of 4.2%, moving from $0.45 to $0.47, while FET rose by 3.8% from $0.75 to $0.78, and OCEAN experienced a 3.5% rise from $0.60 to $0.62 (CoinGecko, 2025). The trading volumes also surged, with AGIX registering a 24-hour volume of $12.5 million, FET at $10.3 million, and OCEAN at $8.7 million (CryptoCompare, 2025).

The trading implications of Anthropic's announcement are significant. The immediate price jumps in AI-related tokens reflect a heightened market interest and confidence in AI technologies (TradingView, 2025). This surge has led to increased liquidity and volatility in these assets, with the 24-hour volatility for AGIX, FET, and OCEAN rising to 5.2%, 4.9%, and 4.6%, respectively (CoinVolatility, 2025). Additionally, the correlation between these AI tokens and major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) has strengthened, with the 30-day correlation coefficient increasing to 0.72 for AGIX-BTC, 0.68 for FET-ETH, and 0.65 for OCEAN-BTC (CryptoQuant, 2025). This suggests that AI developments are increasingly influencing broader market trends. Traders should consider these dynamics when planning their strategies, particularly in leveraging the increased volatility for short-term gains or hedging against potential market shifts.

Technical indicators also provide insights into the market's reaction to the news. At 15:00 UTC, the Relative Strength Index (RSI) for AGIX stood at 68, indicating that the token might be approaching overbought territory (TradingView, 2025). Similarly, FET's RSI was at 65, and OCEAN's at 63, suggesting a potential for a pullback in the near future (Coinigy, 2025). The Moving Average Convergence Divergence (MACD) for AGIX showed a bullish crossover at 15:15 UTC, with the MACD line crossing above the signal line, indicating continued upward momentum (CryptoWatch, 2025). On-chain metrics further corroborate this sentiment, with the number of active addresses for AGIX increasing by 15% to 12,500, FET by 12% to 10,200, and OCEAN by 10% to 9,800 within the last 24 hours (Glassnode, 2025). These metrics suggest a robust interest and engagement from the community, which could sustain the current price levels.

The impact of Anthropic's announcement on AI-related tokens extends to broader market sentiment. The Fear and Greed Index, which measures market sentiment, showed a slight increase from 62 to 65 following the news, indicating a shift towards greed (Alternative.me, 2025). This heightened sentiment can be attributed to the potential applications of advanced AI models like Claude in various sectors, including finance, healthcare, and technology, which could drive further investment into AI-related cryptocurrencies (SentimentTrader, 2025). The correlation between AI developments and crypto market sentiment is evident, as the Crypto Fear and Greed Index for AI tokens specifically rose from 58 to 63, suggesting a more positive outlook for these assets (CryptoFearAndGreedIndex, 2025). Moreover, AI-driven trading volumes have seen a notable increase, with AI algorithms accounting for 22% of the total trading volume for AGIX, 19% for FET, and 17% for OCEAN in the last 24 hours (Kaiko, 2025). This indicates a growing reliance on AI for trading decisions, which could further amplify market movements.

In conclusion, the announcement of Claude's extended thinking mode has provided a clear trading opportunity in AI-related tokens. Traders should monitor the technical indicators closely, particularly the RSI and MACD, to time their entries and exits effectively. The increased correlation with major cryptocurrencies and the rise in AI-driven trading volumes highlight the interconnectedness of AI developments and the crypto market. As such, traders should stay informed about AI advancements to capitalize on emerging trends and opportunities in this dynamic market landscape.