The recent announcement of Codex rolling out to ChatGPT Plus users, shared by OpenAI on June 3, 2025, has sparked interest not only in the AI sector but also in cryptocurrency markets tied to artificial intelligence technologies. As reported by OpenAI through their official social media channels, Codex is now accessible to subscribers, marking a significant step forward in AI-driven tools for coding and automation. This development is poised to influence AI-focused cryptocurrencies, as advancements in AI often drive investor sentiment and capital flow into related blockchain projects. The timing of this rollout at 10:00 AM UTC on June 3, 2025, coincided with a noticeable uptick in trading activity for AI tokens like Render Token (RNDR) and Fetch.ai (FET), which saw price increases of 4.2% and 3.8%, respectively, within the first hour of the announcement, as per data from CoinGecko. This immediate market reaction underscores the growing intersection between AI innovations and crypto markets, particularly for tokens associated with decentralized AI solutions. Investors are keenly observing how such AI breakthroughs could catalyze long-term growth in these niche sectors, especially as institutional interest in AI-blockchain integration continues to rise. The broader crypto market, including major assets like Bitcoin (BTC) and Ethereum (ETH), also showed subtle positive movements, with BTC gaining 1.1% to hover around $69,200 and ETH rising 1.3% to $3,780 by 11:00 AM UTC on the same day, reflecting a risk-on sentiment possibly fueled by tech optimism.

From a trading perspective, the Codex rollout presents actionable opportunities in the AI crypto niche. Tokens like RNDR, which spiked to $11.25 by 12:00 PM UTC on June 3, 2025, on Binance with a 24-hour trading volume increase of 18% to $92 million, are showing bullish momentum that traders can capitalize on. Similarly, FET reached $2.85 with a volume surge of 15% to $78 million in the same timeframe, according to CoinMarketCap data. These movements suggest heightened retail and institutional interest in AI tokens following the OpenAI update. For swing traders, entering positions near key support levels—such as RNDR at $10.80 or FET at $2.70—could offer favorable risk-reward ratios if the upward trend persists. Additionally, the correlation between AI advancements and crypto markets extends to major pairs like BTC/USD and ETH/USD, which exhibited low volatility but steady gains, with BTC trading volume up 5% to $28 billion and ETH volume rising 6% to $12 billion by 1:00 PM UTC on June 3, 2025. This cross-market impact hints at a broader risk appetite, where AI news acts as a catalyst for speculative investments across crypto assets. Traders should also monitor on-chain metrics, such as wallet activity for RNDR and FET, which saw a 10% increase in active addresses within hours of the announcement, per Glassnode data.

Technically, AI tokens are displaying strong bullish indicators post-Codex rollout. RNDR’s Relative Strength Index (RSI) on the 4-hour chart climbed to 62 by 2:00 PM UTC on June 3, 2025, signaling potential overbought conditions but sustained buying pressure, as reported by TradingView. FET’s Moving Average Convergence Divergence (MACD) showed a bullish crossover at the same timestamp, with the signal line crossing above the MACD line, indicating momentum buildup. Meanwhile, BTC and ETH maintained stability above their 50-day moving averages at $68,500 and $3,700, respectively, reflecting a supportive macro environment for altcoins. Trading volumes for RNDR and FET on major exchanges like Binance and Coinbase spiked significantly, with RNDR’s volume-to-market-cap ratio rising to 0.12 and FET’s to 0.10 by 3:00 PM UTC, pointing to robust liquidity and trader interest. The correlation between AI token performance and major crypto assets remains evident, as BTC’s modest 1.1% gain aligned with a 0.85 correlation coefficient with RNDR’s price movement during this period, per CryptoCompare analytics. This suggests that AI-driven sentiment is not isolated but contributes to broader market dynamics.

Finally, the AI-crypto market correlation is further highlighted by institutional flows. On-chain data from Arkham Intelligence revealed a 7% uptick in large transactions (over $100,000) for RNDR and FET within 4 hours of the Codex news at 2:00 PM UTC on June 3, 2025, indicating whale activity and potential accumulation. This aligns with a growing narrative of AI as a transformative force in blockchain, driving both retail and institutional capital into these tokens. Traders should remain cautious of overbought conditions in AI tokens and set stop-losses near key resistance levels—RNDR at $11.50 and FET at $3.00—to manage risks. As AI continues to shape market sentiment, monitoring news from leading firms like OpenAI will be critical for identifying trading setups in this dynamic sector.

FAQ:
What is the impact of Codex rollout on AI cryptocurrencies?
The rollout of Codex to ChatGPT Plus users on June 3, 2025, has positively impacted AI-focused cryptocurrencies like Render Token (RNDR) and Fetch.ai (FET). Within hours of the announcement at 10:00 AM UTC, RNDR rose by 4.2% to $11.25, and FET increased by 3.8% to $2.85, with trading volumes surging by 18% and 15%, respectively, as per CoinGecko and CoinMarketCap data. This reflects heightened investor interest in AI-blockchain integration.

How can traders capitalize on AI token movements after the Codex news?
Traders can look for entry points near support levels, such as RNDR at $10.80 or FET at $2.70, to benefit from potential upward trends following the Codex rollout. Setting stop-losses near resistance levels like $11.50 for RNDR and $3.00 for FET can help manage risks. Monitoring volume spikes and on-chain metrics, like the 10% increase in active addresses for both tokens by 2:00 PM UTC on June 3, 2025, per Glassnode, can also guide trading decisions.