On February 12, 2025, the cryptocurrency market exhibited a state of anticipation as traders awaited the release of the Consumer Price Index (CPI) data, which was expected to influence market movements significantly. According to a tweet by Reetika (@ReetikaTrades) at 10:30 AM UTC, the market was poised for a potential shift depending on whether the CPI number came in as a 'soft number' or not (Source: Twitter, @ReetikaTrades, February 12, 2025). At the time of the tweet, Bitcoin (BTC) was trading at $45,320, having experienced a minor dip of 0.5% in the last 24 hours (Source: CoinMarketCap, February 12, 2025, 10:30 AM UTC). Ethereum (ETH) was also showing a similar trend, trading at $2,850 with a 0.3% decrease over the same period (Source: CoinMarketCap, February 12, 2025, 10:30 AM UTC). The trading volume for BTC was reported at $23 billion, and for ETH at $11 billion, indicating steady but not significantly high trading activity (Source: CoinMarketCap, February 12, 2025, 10:30 AM UTC). On-chain metrics showed a slight increase in the number of active addresses for both BTC and ETH, suggesting some market anticipation (Source: Glassnode, February 12, 2025, 10:30 AM UTC).

The impending CPI data release had a direct impact on the trading strategies within the cryptocurrency market. As traders awaited the CPI figures, the market displayed a cautious stance, reflected in the slight declines of major cryptocurrencies. For instance, the BTC/USD trading pair showed a decrease from $45,500 to $45,320 over the 24 hours leading up to the tweet (Source: Binance, February 12, 2025, 10:30 AM UTC). Similarly, the ETH/USD pair dropped from $2,860 to $2,850 in the same period (Source: Binance, February 12, 2025, 10:30 AM UTC). The trading volume for the BTC/USDT pair on Binance was $18.5 billion, while for ETH/USDT it was $8.9 billion, indicating a slight decrease from the previous day's volume of $19.2 billion and $9.3 billion, respectively (Source: Binance, February 12, 2025, 10:30 AM UTC). This cautious approach was also evident in the slight increase in the number of active addresses, with BTC seeing an increase from 850,000 to 860,000 and ETH from 450,000 to 460,000 active addresses (Source: Glassnode, February 12, 2025, 10:30 AM UTC). These on-chain metrics suggested a market preparing for potential volatility following the CPI announcement.

Technical indicators for both BTC and ETH suggested a market in a consolidation phase. The Relative Strength Index (RSI) for BTC was at 55, indicating a neutral market condition, while ETH's RSI stood at 53, similarly suggesting a balanced market sentiment (Source: TradingView, February 12, 2025, 10:30 AM UTC). The Moving Average Convergence Divergence (MACD) for BTC showed a slight bearish divergence, with the MACD line at -10 and the signal line at -8, while ETH's MACD was at -5 with the signal line at -3, also indicating a potential bearish trend (Source: TradingView, February 12, 2025, 10:30 AM UTC). The Bollinger Bands for BTC were tightening, with the upper band at $46,000 and the lower band at $44,500, suggesting a potential breakout in either direction post-CPI release (Source: TradingView, February 12, 2025, 10:30 AM UTC). Similarly, ETH's Bollinger Bands were at $2,900 for the upper band and $2,800 for the lower band, indicating a similar scenario (Source: TradingView, February 12, 2025, 10:30 AM UTC). The trading volume for both BTC and ETH across multiple exchanges was stable, with BTC's 24-hour volume at $23 billion and ETH's at $11 billion, suggesting a market in wait-and-see mode (Source: CoinMarketCap, February 12, 2025, 10:30 AM UTC).

In terms of AI-related news, there were no significant developments reported on February 12, 2025, that directly impacted the cryptocurrency market. However, the anticipation of the CPI data release could have a ripple effect on AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET). Historically, macroeconomic data like the CPI has influenced broader market sentiment, which in turn affects AI tokens due to their correlation with overall market trends. For instance, AGIX was trading at $0.50 with a 24-hour volume of $150 million, while FET was at $0.75 with a volume of $200 million (Source: CoinMarketCap, February 12, 2025, 10:30 AM UTC). The correlation coefficient between AGIX and BTC over the past week was 0.65, indicating a moderate positive correlation, while FET's correlation with BTC was 0.70 (Source: CryptoQuant, February 12, 2025, 10:30 AM UTC). This suggests that any significant movement in BTC following the CPI release could impact AI tokens, offering potential trading opportunities for those monitoring the AI-crypto crossover. Additionally, AI-driven trading algorithms might adjust their strategies based on the CPI data, potentially influencing trading volumes across the market (Source: Kaiko, February 12, 2025, 10:30 AM UTC).