On April 3, 2025, a significant development emerged from a poll conducted by The Kobeissi Letter, which revealed that 55% of over 60,000 respondents support President Trump's tariffs (Source: Twitter @KobeissiLetter, April 3, 2025). This poll's outcome has immediate implications for the cryptocurrency market, particularly as it pertains to trade-sensitive assets like Bitcoin (BTC) and Ethereum (ETH). At the time of the poll's release, Bitcoin's price was recorded at $64,320.12, a 2.3% drop from its 24-hour high of $65,812.50, while Ethereum experienced a similar decline from $3,120.45 to $3,045.20 (Source: CoinMarketCap, April 3, 2025, 14:00 UTC). The trading volume for BTC surged by 15% within the hour following the poll's release, reaching 23.5 billion in USD, suggesting heightened market activity (Source: CoinGecko, April 3, 2025, 14:15 UTC). For ETH, the volume increased by 10%, totaling 12.8 billion USD during the same period (Source: CoinGecko, April 3, 2025, 14:15 UTC). This initial market reaction indicates a potential shift in investor sentiment driven by the poll results.

The trading implications of the poll are multifaceted, affecting not only major cryptocurrencies but also AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET). Following the poll's release, AGIX saw a price decrease of 3.1% from $0.55 to $0.53, while FET dropped 2.8% from $0.78 to $0.76 (Source: CoinMarketCap, April 3, 2025, 14:30 UTC). This reflects a broader market sentiment shift, where investors may be reevaluating their positions in light of potential economic policy changes. The trading volume for AGIX increased by 8% to 320 million USD, and for FET, it rose by 7% to 240 million USD (Source: CoinGecko, April 3, 2025, 14:45 UTC). The correlation between the poll results and the performance of AI-related tokens suggests that market participants are considering the broader economic implications of the tariffs on AI development and its integration with the crypto market. This could present trading opportunities, particularly in AI/crypto crossover assets, as investors seek to capitalize on any perceived undervaluation caused by the initial market reaction.

Technical indicators further illuminate the market's response to the poll. Bitcoin's Relative Strength Index (RSI) dropped from 72 to 68, signaling a move from overbought conditions to a more neutral stance (Source: TradingView, April 3, 2025, 15:00 UTC). Ethereum's RSI similarly declined from 68 to 64, indicating a similar shift (Source: TradingView, April 3, 2025, 15:00 UTC). The Moving Average Convergence Divergence (MACD) for both BTC and ETH showed bearish signals, with BTC's MACD line crossing below the signal line at 14:45 UTC and ETH's at 14:50 UTC (Source: TradingView, April 3, 2025). On-chain metrics reveal that the number of active addresses for BTC increased by 5% to 980,000, suggesting heightened network activity post-poll (Source: Glassnode, April 3, 2025, 15:15 UTC). For ETH, active addresses rose by 4% to 520,000 (Source: Glassnode, April 3, 2025, 15:15 UTC). These technical and on-chain indicators provide a comprehensive view of the market's reaction to the poll, highlighting potential trading strategies based on observed trends.

In terms of AI-related news, the poll's impact on AI development and its correlation with the crypto market are noteworthy. The rise in tariffs could potentially affect the global supply chain, including components critical for AI technology, such as semiconductors (Source: Bloomberg, April 3, 2025). This could lead to increased costs for AI companies, potentially affecting the valuation of AI-related tokens. The correlation between AI development and crypto market sentiment is evident in the trading volume changes observed for AGIX and FET, where increased volumes suggest investor interest in these assets amidst economic policy shifts. This scenario presents potential trading opportunities in AI/crypto crossover, as market participants may look to exploit any discrepancies between current prices and future growth prospects influenced by AI development.