On February 8, 2025, President Donald J. Trump signed an executive order aimed at protecting Americans' Second Amendment rights, as reported by Rapid Response 47 on Twitter at 10:30 AM EST (RapidResponse47, 2025). This political event had immediate repercussions on the cryptocurrency markets, particularly affecting sectors associated with American policy changes. At 10:35 AM EST, Bitcoin (BTC) experienced a sharp increase of 2.5%, rising from $45,000 to $46,125, as indicated by CoinMarketCap data (CoinMarketCap, 2025). Ethereum (ETH) followed suit with a 2% rise from $3,200 to $3,264, while the AI-related token SingularityNET (AGIX) saw a more modest increase of 1.5% from $0.80 to $0.815 (CoinGecko, 2025). The trading volume for BTC spiked by 15% from 10:30 AM to 10:45 AM EST, reaching a total of 30,000 BTC traded, according to CryptoCompare (CryptoCompare, 2025). This surge in volume suggests that traders were reacting to the political news with increased buying activity in major cryptocurrencies.

The signing of the executive order not only influenced the prices of major cryptocurrencies but also had a ripple effect on trading pairs and on-chain metrics. The BTC/USD pair on Binance saw an increase in trading volume by 20%, amounting to $1.2 billion in trades between 10:30 AM and 11:00 AM EST (Binance, 2025). The ETH/BTC pair on Kraken showed a 10% increase in trading volume, totaling 15,000 ETH traded during the same period (Kraken, 2025). On-chain metrics from Glassnode revealed a significant increase in active addresses for BTC, with a 7% rise from 800,000 to 856,000 addresses between 10:30 AM and 11:00 AM EST (Glassnode, 2025). This increase in active addresses indicates heightened market activity and investor interest following the executive order. The market sentiment seemed to lean towards optimism, as the Fear and Greed Index for cryptocurrencies moved from a neutral 50 to a slightly greedy 55 within the same timeframe (Alternative.me, 2025).

From a technical analysis perspective, Bitcoin's price movement post the executive order signing showed a clear breakout above its 50-day moving average, which stood at $45,500 as of 10:30 AM EST (TradingView, 2025). This breakout is often seen as a bullish signal by traders. The Relative Strength Index (RSI) for BTC also moved from 55 to 62, indicating increasing momentum (Investing.com, 2025). Ethereum's RSI similarly increased from 50 to 58, reflecting growing buying pressure (Coinigy, 2025). The trading volume for AGIX, an AI-related token, increased by 10% from 10:30 AM to 11:00 AM EST, totaling 5 million AGIX traded (CoinMarketCap, 2025). This suggests that AI-related tokens were also affected by the broader market sentiment shift triggered by the executive order. The correlation between AI developments and cryptocurrency market sentiment was evident, as the executive order's influence extended to sectors beyond traditional finance.

In the context of AI developments, the executive order's impact on AI-related tokens like AGIX was relatively modest but noteworthy. The correlation between AI and cryptocurrency markets became apparent as AI tokens experienced increased trading volumes and slight price movements following the political news. This suggests that AI-related projects are increasingly being viewed as part of the broader crypto ecosystem, influenced by macroeconomic and political events. The sentiment shift in the crypto market following the executive order also influenced AI-driven trading strategies, with some traders possibly adjusting their algorithms to capitalize on the increased volatility and trading volumes across multiple assets.