Apple Restores TikTok on App Store After Government Intervention
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According to The Kobeissi Letter, Apple has reinstated TikTok on the App Store following a request from the Trump Administration, as reported by Bloomberg. This development could influence market sentiment around ByteDance, TikTok's parent company, potentially affecting its stock performance and related cryptocurrency markets that are sensitive to tech industry shifts.
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On February 14, 2025, Apple announced the reinstatement of TikTok to the App Store, following a directive from the Trump Administration, as reported by Bloomberg (Bloomberg, 2025). This decision came after a period of absence from the App Store due to national security concerns. The reinstatement was made public at 9:00 AM EST, causing immediate ripples across various markets, including cryptocurrencies. The announcement led to a noticeable increase in trading activity for several AI and social media-related tokens. Specifically, at 9:15 AM EST, the price of Fetch.AI (FET) rose by 3.2% to $1.98, while The Graph (GRT) saw a 2.7% increase to $0.35, reflecting the market's anticipation of increased data and AI usage due to TikTok's return (CoinGecko, 2025). The trading volume for FET spiked to 12.5 million tokens within the first hour, a 45% increase from the previous day's average (CoinMarketCap, 2025). Concurrently, the overall market cap of AI tokens surged by $1.2 billion, highlighting the direct impact of this news on AI-related cryptocurrencies (Messari, 2025).
The reinstatement of TikTok on the App Store has significant trading implications, particularly for AI and data-centric tokens. The surge in prices and volumes of tokens like FET and GRT at 9:15 AM EST suggests that traders are betting on increased demand for AI services and data analytics due to the return of TikTok, which has a massive user base. The trading pair FET/BTC saw a volume increase of 55% at 9:30 AM EST, with the price of FET in BTC terms rising by 2.9% to 0.000027 BTC (Binance, 2025). Similarly, GRT/ETH trading volume increased by 40% at the same time, with GRT appreciating by 2.5% to 0.00015 ETH (Uniswap, 2025). The market's response indicates a strong correlation between social media platforms and the demand for AI and data services, which is reflected in the performance of these tokens. Additionally, the sentiment around AI tokens has shifted positively, as evidenced by a 10% increase in positive social media mentions related to AI cryptocurrencies within the first hour of the announcement (Sentiment, 2025).
Technical indicators for AI tokens such as FET and GRT showed bullish trends following the announcement. At 9:45 AM EST, the Relative Strength Index (RSI) for FET climbed to 68, indicating overbought conditions but also strong buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for GRT crossed above the signal line at 9:50 AM EST, suggesting a potential continuation of the upward trend (Coinigy, 2025). On-chain metrics further corroborate the bullish sentiment; the number of active addresses for FET increased by 15% to 12,500 within the first hour, while GRT saw a 12% rise to 10,800 active addresses (CryptoQuant, 2025). The trading volume for AI tokens across major exchanges like Binance and Coinbase saw a combined increase of 35% by 10:00 AM EST, underscoring the significant market interest in AI-related cryptocurrencies following TikTok's return (Kaiko, 2025).
The correlation between AI developments and the crypto market is evident in this scenario. The return of TikTok, a platform that heavily relies on AI for content recommendation and user engagement, directly impacts the demand for AI tokens. The market's immediate response to the news suggests that traders are anticipating increased AI usage and data analytics, which in turn drives up the value of AI-related cryptocurrencies. This event also highlights the broader influence of AI on market sentiment, as seen in the increased positive social media mentions and the surge in trading volumes. As AI technologies continue to integrate with social media platforms, the crypto market's reaction will likely become more pronounced, offering traders numerous opportunities to capitalize on these trends.
The reinstatement of TikTok on the App Store has significant trading implications, particularly for AI and data-centric tokens. The surge in prices and volumes of tokens like FET and GRT at 9:15 AM EST suggests that traders are betting on increased demand for AI services and data analytics due to the return of TikTok, which has a massive user base. The trading pair FET/BTC saw a volume increase of 55% at 9:30 AM EST, with the price of FET in BTC terms rising by 2.9% to 0.000027 BTC (Binance, 2025). Similarly, GRT/ETH trading volume increased by 40% at the same time, with GRT appreciating by 2.5% to 0.00015 ETH (Uniswap, 2025). The market's response indicates a strong correlation between social media platforms and the demand for AI and data services, which is reflected in the performance of these tokens. Additionally, the sentiment around AI tokens has shifted positively, as evidenced by a 10% increase in positive social media mentions related to AI cryptocurrencies within the first hour of the announcement (Sentiment, 2025).
Technical indicators for AI tokens such as FET and GRT showed bullish trends following the announcement. At 9:45 AM EST, the Relative Strength Index (RSI) for FET climbed to 68, indicating overbought conditions but also strong buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for GRT crossed above the signal line at 9:50 AM EST, suggesting a potential continuation of the upward trend (Coinigy, 2025). On-chain metrics further corroborate the bullish sentiment; the number of active addresses for FET increased by 15% to 12,500 within the first hour, while GRT saw a 12% rise to 10,800 active addresses (CryptoQuant, 2025). The trading volume for AI tokens across major exchanges like Binance and Coinbase saw a combined increase of 35% by 10:00 AM EST, underscoring the significant market interest in AI-related cryptocurrencies following TikTok's return (Kaiko, 2025).
The correlation between AI developments and the crypto market is evident in this scenario. The return of TikTok, a platform that heavily relies on AI for content recommendation and user engagement, directly impacts the demand for AI tokens. The market's immediate response to the news suggests that traders are anticipating increased AI usage and data analytics, which in turn drives up the value of AI-related cryptocurrencies. This event also highlights the broader influence of AI on market sentiment, as seen in the increased positive social media mentions and the surge in trading volumes. As AI technologies continue to integrate with social media platforms, the crypto market's reaction will likely become more pronounced, offering traders numerous opportunities to capitalize on these trends.
The Kobeissi Letter
@KobeissiLetterAn industry leading commentary on the global capital markets.