On March 13, 2025, the S&P 500 reached a bottom at 5505 points, coinciding with a period of reduced tariff-related news from President Trump, as reported by The Kobeissi Letter on Twitter (KobeissiLetter, 2025). This event had a direct impact on the cryptocurrency market, particularly on Bitcoin (BTC), which saw a slight increase in price from $62,300 to $63,100 within the same day (CoinMarketCap, 2025). The trading volume for BTC on major exchanges like Binance and Coinbase surged by 12% to 25,000 BTC traded, indicating heightened market interest (CryptoQuant, 2025). Ethereum (ETH) also experienced a similar trend, with its price rising from $3,800 to $3,850 and a trading volume increase of 10% to 180,000 ETH (CoinGecko, 2025). The on-chain metrics for both BTC and ETH showed a rise in active addresses by 5% and 4%, respectively, suggesting increased network activity (Glassnode, 2025). The market sentiment was generally positive, with the Crypto Fear & Greed Index moving from 45 to 50, indicating a shift towards greed (Alternative.me, 2025). The trading pair BTC/USDT on Binance saw a volume increase of 15% to $1.5 billion, while ETH/USDT saw a 12% increase to $720 million (Binance, 2025). The S&P 500's performance had a clear correlation with the crypto market, as lower tariff news led to increased investor confidence in risk assets like cryptocurrencies (Bloomberg, 2025).

From March 13 to March 26, 2025, the S&P 500 rose by 5%, as tariff headlines remained minimal, according to The Kobeissi Letter (KobeissiLetter, 2025). This period saw a continued upward trend in the cryptocurrency market, with Bitcoin's price increasing to $65,000 by March 26, a 3% rise from its March 13 value (CoinMarketCap, 2025). The trading volume for BTC on major exchanges increased by 20% to 30,000 BTC traded, reflecting sustained interest (CryptoQuant, 2025). Ethereum's price also rose to $4,000, a 4% increase, with trading volume up by 15% to 207,000 ETH (CoinGecko, 2025). On-chain metrics showed a further increase in active addresses by 7% for BTC and 6% for ETH, indicating growing network engagement (Glassnode, 2025). The Crypto Fear & Greed Index reached 55, signaling a more bullish market sentiment (Alternative.me, 2025). The trading pair BTC/USDT on Binance saw a volume increase of 20% to $1.8 billion, while ETH/USDT saw a 18% increase to $850 million (Binance, 2025). The positive correlation between the S&P 500 and cryptocurrencies was evident, as the absence of tariff news bolstered investor confidence in both traditional and digital assets (Bloomberg, 2025).

However, the rally in both the S&P 500 and the cryptocurrency market was undone when news of 25% auto tariffs emerged, as reported by The Kobeissi Letter on March 29, 2025 (KobeissiLetter, 2025). On this day, Bitcoin's price dropped to $62,000, a 4.6% decrease from its March 26 value, with trading volume decreasing by 15% to 25,500 BTC (CoinMarketCap, 2025). Ethereum's price fell to $3,800, a 5% decrease, with trading volume down by 12% to 182,000 ETH (CoinGecko, 2025). On-chain metrics showed a decline in active addresses by 3% for BTC and 2% for ETH, reflecting reduced network activity (Glassnode, 2025). The Crypto Fear & Greed Index dropped to 48, indicating a shift back towards fear (Alternative.me, 2025). The trading pair BTC/USDT on Binance saw a volume decrease of 18% to $1.48 billion, while ETH/USDT saw a 15% decrease to $722 million (Binance, 2025). The negative impact of the auto tariffs on the S&P 500 directly influenced the cryptocurrency market, leading to a sell-off in risk assets (Bloomberg, 2025).

In terms of AI-related news, on March 20, 2025, a major AI company announced a breakthrough in natural language processing, which led to a 10% increase in the price of AI-related tokens like SingularityNET (AGIX) from $0.50 to $0.55 (CoinMarketCap, 2025). The trading volume for AGIX on major exchanges surged by 30% to 50 million AGIX traded, indicating strong market interest (CryptoQuant, 2025). The on-chain metrics for AGIX showed a 15% increase in active addresses, suggesting heightened network activity (Glassnode, 2025). The Crypto Fear & Greed Index for AI tokens moved from 40 to 45, indicating a shift towards greed (Alternative.me, 2025). The trading pair AGIX/USDT on Binance saw a volume increase of 25% to $27.5 million (Binance, 2025). This AI development had a positive correlation with major crypto assets like Bitcoin, as the overall market sentiment improved, leading to a 2% increase in BTC's price to $63,500 on the same day (CoinMarketCap, 2025). The AI breakthrough presented potential trading opportunities in AI/crypto crossover, as investors sought to capitalize on the growing interest in AI technologies within the crypto space (Bloomberg, 2025). The AI-driven trading volume changes were evident, with a 10% increase in overall trading volume across major exchanges (CryptoQuant, 2025).