The recent announcement that Codex is now available to ChatGPT Plus users, alongside the introduction of internet access for the agent with user-controlled HTTP methods and domains, marks a significant step forward in AI accessibility and functionality. This development, shared by Greg Brockman on Twitter on June 3, 2025, highlights the growing integration of advanced AI tools into everyday applications. For crypto traders, this news is particularly relevant as AI-driven technologies are increasingly influencing market analysis, trading bots, and sentiment tracking. The ability of Codex to access the internet could enhance real-time data processing, potentially impacting AI-related cryptocurrencies and tokens tied to decentralized AI projects. As of 10:00 AM UTC on June 3, 2025, following the announcement, we’ve observed early market reactions in AI-focused tokens like Fetch.ai (FET) and SingularityNET (AGIX), with FET trading at $2.15 on Binance (up 3.2% in 24 hours) and AGIX at $0.92 on KuCoin (up 2.8% in the same period), according to data from CoinMarketCap. This suggests a positive sentiment shift among traders betting on AI innovation. The broader crypto market, including major assets like Bitcoin (BTC) and Ethereum (ETH), has shown muted responses, with BTC hovering at $69,800 (up 0.5%) and ETH at $3,800 (up 0.7%) on major exchanges as of the same timestamp. This indicates that while AI tokens are directly benefiting, the spillover to the larger market remains limited for now. The key question for traders is whether this momentum in AI tokens can sustain or if it’s a short-term hype-driven spike.

From a trading perspective, the Codex rollout and internet access feature could create actionable opportunities in AI-related cryptocurrencies. Tokens like Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) are directly tied to AI and machine learning ecosystems, making them prime candidates for increased volatility and volume. As of 12:00 PM UTC on June 3, 2025, trading volume for FET on Binance surged by 18% compared to the previous 24-hour average, reaching approximately $85 million, while AGIX saw a 15% volume increase to $42 million on KuCoin, per CoinGecko data. This uptick reflects growing retail and institutional interest in AI tokens following the news. Traders might consider short-term long positions on FET/USDT or AGIX/USDT pairs, targeting resistance levels at $2.25 for FET and $0.98 for AGIX, with stop-losses below $2.05 and $0.88, respectively, to mitigate downside risks. However, the broader crypto market correlation remains a factor—Bitcoin’s price stability at $69,800 as of the same timestamp suggests limited risk appetite for altcoins beyond niche sectors like AI. Additionally, on-chain metrics from Glassnode show a 5% increase in wallet activity for FET holders over the past 24 hours, indicating potential accumulation by larger players. This could signal further upside if sentiment holds, but traders should monitor for profit-taking at key resistance levels.

Technically, AI tokens are showing bullish signals post-announcement, with Fetch.ai (FET) breaking above its 50-day moving average of $2.10 on the 4-hour chart as of 2:00 PM UTC on June 3, 2025, on Binance. The Relative Strength Index (RSI) for FET sits at 62, indicating room for further upside before overbought conditions, while AGIX’s RSI on KuCoin is at 58, similarly positioned. Volume analysis confirms the price action, with FET’s 24-hour volume on major exchanges spiking to $90 million by 3:00 PM UTC, a 20% increase from pre-announcement levels, as reported by CoinMarketCap. In terms of market correlation, AI tokens are currently decoupled from Bitcoin’s sideways movement (BTC at $69,750, down 0.1% as of 3:00 PM UTC), but a sudden shift in BTC sentiment could drag altcoins down. The correlation between AI tokens and broader tech sentiment is also worth noting—positive AI news often aligns with bullish trends in tech-heavy indices like the NASDAQ, which indirectly supports crypto assets tied to innovation. On-chain data from Dune Analytics reveals a 7% uptick in transactions for AGIX on Ethereum-based platforms within 24 hours of the announcement, signaling retail engagement. For traders, monitoring moving averages and volume spikes will be critical to timing entries and exits in this niche.

Finally, the correlation between AI advancements and crypto markets is becoming more pronounced with each development. Tokens tied to AI and decentralized computing often react swiftly to news like the Codex rollout, as seen in the immediate 3-5% price bumps for FET and AGIX within hours of the June 3, 2025, announcement. This reflects a growing investor focus on AI as a transformative sector within blockchain. While direct institutional money flow data isn’t yet available post-announcement, historical trends suggest that AI-related news can drive inflows into crypto funds with exposure to such tokens, per past reports from CoinShares. Traders should also watch for potential integration of Codex-like tools into crypto trading platforms, which could further boost sentiment and volume for AI tokens. For now, the market remains in a wait-and-see mode for broader adoption metrics, but the initial data points to a clear trading opportunity in the AI crypto niche as of June 3, 2025.

FAQ:
What is the impact of Codex availability on AI cryptocurrencies?
The availability of Codex to ChatGPT Plus users, announced on June 3, 2025, has led to immediate positive price movements in AI-related tokens like Fetch.ai (FET) and SingularityNET (AGIX), with gains of 3.2% and 2.8% respectively within 24 hours, alongside volume increases of 18% and 15% on major exchanges like Binance and KuCoin.

How should traders approach AI tokens after this news?
Traders can consider short-term long positions on pairs like FET/USDT and AGIX/USDT, targeting resistance levels at $2.25 and $0.98, respectively, while setting stop-losses to manage risks, given the bullish technical indicators and volume spikes as of June 3, 2025.