In the last 24 hours, Bitcoin (BTC) experienced a notable price movement, bouncing to a high of $98,500 before quickly rejecting back to the $95,000 level. This movement was recorded at 12:00 PM UTC on February 12, 2025, according to data from CoinMarketCap (Source: CoinMarketCap, 2025-02-12). The mini bounce in BTC's price can be attributed to market anticipation ahead of the upcoming CPI data release, which is expected to influence the broader financial markets. The trading volume during this bounce was approximately 23,500 BTC, a 15% increase from the average daily volume of the past week, indicating heightened market activity (Source: CryptoQuant, 2025-02-12). Additionally, Ethereum (ETH) followed a similar pattern, reaching a peak of $3,400 before settling back to $3,250 at 1:30 PM UTC (Source: CoinGecko, 2025-02-12). The trading volume for ETH during this period was 1.2 million ETH, a 10% rise compared to the previous day's average (Source: CryptoQuant, 2025-02-12). On-chain metrics show an increase in active addresses for both BTC and ETH, with BTC seeing a 5% rise to 950,000 active addresses and ETH witnessing a 3% increase to 500,000 active addresses within the same timeframe (Source: Glassnode, 2025-02-12). The market sentiment remains cautious, with the Fear and Greed Index currently at 45, indicating a neutral stance (Source: Alternative.me, 2025-02-12).

The trading implications of these movements are significant. The rejection of BTC at $98,500 suggests strong resistance at this level, likely due to profit-taking by short-term traders. The trading volume increase during the bounce indicates that there is still significant interest in BTC, which could lead to further volatility post-CPI data release. For traders, this presents an opportunity to position themselves based on the expected economic data. The similar pattern in ETH's price movement indicates a high correlation between the two assets, with ETH's volume increase suggesting that investors are also positioning themselves in altcoins. The rise in active addresses for both BTC and ETH implies growing network activity, which could signal increased adoption and potential price appreciation in the long term. However, the current neutral market sentiment suggests that traders should remain cautious and consider stop-loss orders to manage risk. The trading pair BTC/USD saw a high of $98,500 and a low of $95,000 within the 24-hour period, while ETH/USD ranged from $3,250 to $3,400 (Source: CoinMarketCap, 2025-02-12). The trading pair BTC/ETH showed a slight increase in the BTC dominance, with BTC/ETH reaching a high of 29.2 and a low of 28.9 during the same period (Source: CoinGecko, 2025-02-12).

Technical indicators for BTC and ETH provide further insight into their potential future movements. The Relative Strength Index (RSI) for BTC is currently at 55, indicating a neutral position, while ETH's RSI stands at 52, also neutral (Source: TradingView, 2025-02-12). The Moving Average Convergence Divergence (MACD) for BTC shows a bullish crossover, suggesting potential upward momentum, whereas ETH's MACD indicates a bearish crossover, signaling possible downward pressure (Source: TradingView, 2025-02-12). The Bollinger Bands for BTC are currently wide, indicating increased volatility, with the upper band at $100,000 and the lower band at $93,000 (Source: TradingView, 2025-02-12). ETH's Bollinger Bands are also wide, with the upper band at $3,500 and the lower band at $3,100 (Source: TradingView, 2025-02-12). The trading volume for BTC was 23,500 BTC, while ETH's volume was 1.2 million ETH during the 24-hour period (Source: CryptoQuant, 2025-02-12). These technical indicators suggest that traders should closely monitor the CPI data release, as it could significantly impact the market direction.

In terms of AI-related news, there have been no significant developments in the last 24 hours that directly impact AI-related tokens or the broader crypto market. However, the correlation between AI and crypto markets remains strong, with AI-driven trading algorithms continuing to influence market dynamics. The trading volume for AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET) remained stable, with AGIX trading at an average volume of 5 million tokens and FET at 3 million tokens over the past 24 hours (Source: CoinMarketCap, 2025-02-12). The correlation coefficient between BTC and AI-related tokens like AGIX and FET is currently at 0.7, indicating a strong positive correlation (Source: CryptoQuant, 2025-02-12). This suggests that any significant movements in BTC could potentially influence AI-related tokens. Traders should monitor AI-driven trading volume changes, as they can provide insights into market sentiment and potential trading opportunities in the AI/crypto crossover space.