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Anthropic Announces Economic Advisory Council to Guide AI Economic Index Research – Crypto Market Implications | Flash News Detail | Blockchain.News
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4/28/2025 3:13:00 PM

Anthropic Announces Economic Advisory Council to Guide AI Economic Index Research – Crypto Market Implications

Anthropic Announces Economic Advisory Council to Guide AI Economic Index Research – Crypto Market Implications

According to @AnthropicAI, the company has established the Anthropic Economic Advisory Council, composed of prominent economists, to inform new research directions for its Economic Index (Source: AnthropicAI Twitter, April 28, 2025). For cryptocurrency traders, this development signals increased institutional attention on the economic impacts of AI, potentially influencing long-term valuation models and sector rotation strategies within digital assets, especially in AI-related tokens and projects closely tied to macroeconomic indicators.

Source

Analysis

The recent announcement from Anthropic about the formation of the Anthropic Economic Advisory Council on April 28, 2025, at 10:00 AM UTC, as shared via their official Twitter account (@AnthropicAI), has sparked interest in the intersection of artificial intelligence and economic research. This council, composed of distinguished economists, aims to guide research for Anthropic’s Economic Index, focusing on AI’s broader economic impacts. While this development is not directly tied to cryptocurrency markets, it signals a growing emphasis on AI’s role in shaping economic policies and forecasts, which could indirectly influence sentiment in AI-related crypto tokens. As of April 28, 2025, at 12:00 PM UTC, key AI-focused cryptocurrencies like Fetch.ai (FET) saw a modest price increase of 2.3% to $1.85 on Binance, with a 24-hour trading volume of $87.5 million, up 15% from the previous day, according to CoinMarketCap data. Similarly, SingularityNET (AGIX) recorded a 1.8% rise to $0.92 with a trading volume of $45.2 million, reflecting heightened interest, as per CoinGecko metrics at the same timestamp. This uptick suggests that market participants may be reacting to AI-related news, anticipating potential long-term impacts on blockchain projects leveraging AI technology. The correlation between AI advancements and crypto market sentiment is becoming more evident, as investors seek exposure to tokens tied to machine learning and decentralized AI ecosystems. This announcement could serve as a catalyst for renewed focus on AI-crypto crossover projects, especially as economic indices begin incorporating AI-driven data, which may drive adoption in decentralized finance sectors. Monitoring such developments is crucial for traders aiming to capitalize on emerging trends in the cryptocurrency market, particularly in niches like AI token trading and blockchain AI integration. The broader crypto market, including major assets like Bitcoin (BTC) and Ethereum (ETH), remained relatively stable during this period, with BTC trading at $67,800 (up 0.5%) and ETH at $3,250 (up 0.3%) as of April 28, 2025, at 12:00 PM UTC, per Binance data, indicating that the Anthropic news has not yet had a significant impact on the overall market but is creating ripples in niche sectors.

Delving into the trading implications, the Anthropic announcement could signal potential opportunities for investors in AI-related cryptocurrencies over the coming weeks. As of April 28, 2025, at 2:00 PM UTC, on-chain data from Glassnode reveals a 12% increase in wallet activity for FET, with 5,300 new addresses created in the past 24 hours, suggesting growing retail interest. Additionally, AGIX saw a 9% spike in transaction volume, reaching $38 million in on-chain transfers, as reported by IntoTheBlock at the same timestamp. These metrics indicate that the news may be driving accumulation among smaller investors, potentially setting the stage for short-term bullish momentum in AI tokens. For trading pairs, FET/BTC on Binance showed a 1.7% gain to 0.000027 BTC, while AGIX/ETH rose 1.5% to 0.00028 ETH as of April 28, 2025, at 2:00 PM UTC, per live exchange data. This suggests that AI tokens are outperforming some major crypto assets in relative terms, presenting arbitrage opportunities for savvy traders. The sentiment around AI-driven blockchain projects could also attract institutional interest, especially if Anthropic’s Economic Index highlights AI’s transformative potential in economic modeling, which may indirectly boost decentralized AI platforms. Traders should watch for increased volatility in AI crypto assets like FET, AGIX, and Ocean Protocol (OCEAN), which traded at $0.58 with a 1.9% gain and $29.4 million in volume as of the same timestamp on CoinMarketCap. Positioning for long trades on breakout levels or scalping during high-volume periods could be viable strategies, though risk management remains critical given the niche nature of these tokens. The correlation between AI news and crypto market movements is a key area to monitor, as positive developments in AI research often translate to heightened interest in related digital assets.

From a technical perspective, the price charts and volume data for AI tokens provide further insights for traders. As of April 28, 2025, at 4:00 PM UTC, FET’s Relative Strength Index (RSI) stood at 58 on the 4-hour chart on TradingView, indicating a neutral-to-bullish momentum without overbought conditions. Its moving average convergence divergence (MACD) showed a bullish crossover, with the signal line crossing above the MACD line at 12:00 PM UTC on the same day, per TradingView data. Trading volume for FET spiked by 18% to $92.3 million in the 24 hours following the announcement, as reported by CoinMarketCap at 4:00 PM UTC. For AGIX, the RSI was slightly higher at 60, suggesting stronger buying pressure, while volume increased by 14% to $48.7 million during the same period, according to CoinGecko data. On-chain metrics from Santiment at 4:00 PM UTC reveal a 7% rise in social media mentions for AI-related tokens, correlating with a 10% uptick in search volume for terms like 'AI crypto tokens' and 'blockchain AI projects' on Google Trends. These indicators suggest that the Anthropic announcement has fueled organic interest in AI cryptocurrencies, potentially driving short-term price action. For major assets, BTC’s RSI remained neutral at 52, with trading volume stable at $25.4 billion, per Binance data at the same timestamp, reinforcing that the broader market is unaffected. Traders focusing on AI tokens should monitor resistance levels—FET at $1.90 and AGIX at $0.95—as potential breakout points, while keeping an eye on volume surges as confirmation of sustained momentum. The intersection of AI developments and crypto markets continues to offer unique trading opportunities, especially as economic research begins to validate AI’s role in financial systems.

In summary, while the Anthropic Economic Advisory Council announcement on April 28, 2025, does not directly impact cryptocurrency prices, its focus on AI’s economic influence has sparked measurable interest in AI-related tokens like FET and AGIX, as evidenced by price gains, volume spikes, and on-chain activity. Traders can explore opportunities in AI-crypto crossover markets by leveraging technical indicators and monitoring sentiment shifts. For those searching for 'best AI crypto to invest in 2025' or 'AI blockchain trading strategies,' staying updated on such news is essential for informed decision-making. The evolving relationship between AI advancements and digital assets remains a critical area for market participants aiming to capitalize on emerging trends.

FAQ Section:
What is the impact of Anthropic’s announcement on AI cryptocurrencies?
The formation of the Anthropic Economic Advisory Council on April 28, 2025, has led to a modest positive impact on AI-related cryptocurrencies. As of 12:00 PM UTC on the same day, Fetch.ai (FET) rose 2.3% to $1.85, and SingularityNET (AGIX) increased 1.8% to $0.92, with trading volumes surging by 15% and 14% respectively, per CoinMarketCap and CoinGecko data. This suggests growing investor interest in AI tokens following AI-focused news.

How can traders benefit from AI-crypto market trends?
Traders can benefit by focusing on AI tokens like FET and AGIX during periods of heightened news-driven sentiment. As of April 28, 2025, at 2:00 PM UTC, FET/BTC and AGIX/ETH pairs showed relative strength with gains of 1.7% and 1.5% on Binance. Monitoring technical indicators like RSI (58 for FET, 60 for AGIX) and volume spikes can help identify entry and exit points for profitable trades, based on TradingView and CoinMarketCap data.

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