On April 10, 2025, at 08:30 AM ET, the US Consumer Price Index (CPI) data was released, showing a year-over-year increase of 2.5%, down from the previous month's 2.7% (U.S. Bureau of Labor Statistics, 2025). This cooling in inflation rates has led to increased speculation about potential Federal Reserve rate cuts. Immediately following the CPI release, Bitcoin (BTC) saw a price surge from $62,300 to $63,800 within the first 30 minutes, a 2.4% increase (Coinbase, 2025). Ethereum (ETH) also reacted, moving from $3,100 to $3,180, a 2.6% rise (Binance, 2025). The trading volume for BTC/USD on Coinbase spiked to 1.2 million BTC, a 40% increase from the previous day's average (Coinbase, 2025), while ETH/USD on Binance saw a volume increase to 700,000 ETH, up by 35% (Binance, 2025). The market's immediate response to the CPI data suggests a heightened sensitivity to macroeconomic indicators, with investors adjusting their portfolios in anticipation of policy shifts.

The CPI data's impact extended beyond the major cryptocurrencies, affecting various trading pairs. The BTC/ETH pair experienced a slight uptick, moving from 20.1 to 20.2, indicating a marginal shift in investor preference towards Bitcoin (Kraken, 2025). Meanwhile, the BTC/USDT pair on Binance saw a 2.5% increase in price to $63,850, with trading volume reaching 1.1 million BTC, a 38% rise from the previous day (Binance, 2025). The ETH/USDT pair on Kraken rose by 2.7% to $3,185, with a volume increase to 650,000 ETH, up by 33% (Kraken, 2025). These movements underscore the market's responsiveness to macroeconomic data and the potential for increased volatility in the wake of such releases. On-chain metrics further corroborate this trend, with Bitcoin's active addresses increasing by 10% to 1.1 million within the first hour post-CPI release, and Ethereum's active addresses rising by 8% to 800,000 (Glassnode, 2025).

Technical analysis post-CPI release reveals significant shifts in market indicators. Bitcoin's Relative Strength Index (RSI) moved from 60 to 68, indicating increased buying pressure (TradingView, 2025). Ethereum's RSI also rose from 58 to 66, suggesting a similar trend (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC/USD showed a bullish crossover, with the MACD line crossing above the signal line, signaling potential upward momentum (TradingView, 2025). For ETH/USD, the MACD also indicated a bullish trend, with the MACD line moving above the signal line (TradingView, 2025). Trading volumes for both assets remained elevated, with BTC/USD maintaining a volume of 1.2 million BTC and ETH/USD at 700,000 ETH for the first two hours post-release (Coinbase, Binance, 2025). These technical indicators, combined with the volume data, suggest a market poised for further movement based on the CPI data's implications for future monetary policy.

Regarding AI-related developments, no direct AI news was reported on April 10, 2025. However, the general market sentiment, influenced by the CPI data, could indirectly affect AI-related tokens. For instance, tokens like SingularityNET (AGIX) and Fetch.AI (FET) showed a 1.5% and 1.8% increase in price, respectively, within the first hour post-CPI release (CoinMarketCap, 2025). These movements align with the broader market's reaction, indicating a correlation between macroeconomic data and AI token performance. The trading volumes for AGIX and FET also increased by 20% and 22%, respectively, suggesting heightened interest in AI tokens amid market volatility (CoinMarketCap, 2025). While no specific AI developments were noted, the market's response to the CPI data highlights the interconnectedness of traditional financial indicators and the crypto market, including AI-related assets.