On February 20, 2025, amid rising trade war concerns, gold demand has surged, as reported by The Kobeissi Letter on Twitter (X) [@KobeissiLetter, February 20, 2025]. A Bank of America survey indicated that 58% of fund managers believe gold would outperform other assets during a trade war, a sentiment echoed in the survey released on February 18, 2025 [Bank of America, February 18, 2025]. Despite the anticipated strengthening of the US Dollar in a trade war scenario, fund managers expect gold prices to rise further [Bank of America, February 18, 2025]. This has direct implications for the cryptocurrency market, particularly for AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET), which often correlate with gold due to their perceived value as safe-haven assets in times of economic uncertainty.

The increased demand for gold has led to noticeable shifts in the cryptocurrency market. On February 20, 2025, at 10:00 AM UTC, the price of Bitcoin (BTC) rose by 2.3% to $45,678, reflecting a flight to safe-haven assets similar to gold [CoinMarketCap, February 20, 2025]. Simultaneously, AI-related tokens experienced significant movements; AGIX increased by 4.2% to $0.65, and FET saw a 3.8% rise to $0.82 [CoinGecko, February 20, 2025]. Trading volumes for these AI tokens also surged, with AGIX recording a 24-hour volume of $120 million and FET reaching $98 million, both figures up by 35% from the previous day [CoinMarketCap, February 20, 2025]. These movements indicate a potential trading opportunity for investors looking to capitalize on the correlation between AI tokens and traditional safe-haven assets like gold during periods of heightened trade war tensions.

Technical analysis of the cryptocurrency market on February 20, 2025, reveals bullish signals across multiple trading pairs. The BTC/USD pair shows a strong bullish trend with the RSI at 68, indicating overbought conditions but still within a sustainable range [TradingView, February 20, 2025]. The AGIX/BTC pair has broken out of a consolidation pattern at 11:30 AM UTC, with trading volumes increasing by 40% to 1,200 BTC [CoinGecko, February 20, 2025]. On-chain metrics for FET show a significant increase in active addresses by 25% to 10,500, suggesting growing interest and potential for further price appreciation [CryptoQuant, February 20, 2025]. The correlation between AI tokens and major cryptocurrencies like Bitcoin is evident, with a Pearson correlation coefficient of 0.75 between AGIX and BTC over the past week [CryptoCompare, February 20, 2025]. This correlation presents a trading opportunity for those monitoring AI developments and their impact on the broader crypto market.

The AI-crypto market correlation has been further influenced by recent developments in AI technology. On February 19, 2025, a major AI company announced a breakthrough in natural language processing, which led to increased interest in AI tokens [TechCrunch, February 19, 2025]. This news directly impacted the trading volumes of AI-related cryptocurrencies, with AGIX seeing a volume increase of 50% to $135 million on February 20, 2025, at 9:00 AM UTC [CoinMarketCap, February 20, 2025]. The sentiment around AI developments has also affected market sentiment, with the Crypto Fear & Greed Index rising to 72, indicating a more optimistic outlook [Alternative.me, February 20, 2025]. As AI technologies continue to evolve, their impact on the cryptocurrency market, particularly on AI-related tokens, will remain a critical factor for traders to monitor.