On February 19, 2025, the cryptocurrency analyst Miles Deutscher announced on Twitter his conviction that the market passed from a period he called the “ season of crimes ” to concentrate on the sectors focused on Public services in the cryptocurrency ecosystem (Miles Deutscher, Twitter, February 19, 2025). Deutscher has highlighted several sub-sectors of interest, including real assets of the world (RWA) / Tokenization, Stablescoins, Defai, Faith and chain trading. This change in development caused an immediate reaction through various trading pairs and asset classes on the cryptography market. For example, at 10:00 a.m. UTC on February 19, 2025, the Maker Prix (MKR), a token closely associated with DEFI and RWA / Tokenization, experienced an increase of 3.5% to $ 2875 in the first hour following ‘Announcement (Coigecko, February 19, 2025). Likewise, TETHER (USDT) experienced a slight increase of 0.2% against the USD, reaching $ 1.002 to 10:15 a.m. UTC (CoinmarketCap, February 19, 2025). These movements indicate a market response to the transition provided to assets focused on public services.
The commercial implications of Deutscher’s announcement are important, with immediate impacts observed in negotiation volumes and prices. For example, the MKR negotiation volume jumped from $ 45% to $ 120 million per hour that followed the tweet, suggesting an increased interest in the DEFI and RWA / Tokénisation assets (Coingecko, February 19, 2025). In addition, the MKR / BTC trading pair experienced a volume increase of 30%, trading at 0.042 BTC per MKR at 10:30 am UTC (Binance, February 19, 2025). This indicates an increased interest in tokens linked to DEFI in terms of Bitcoin. Stablecoins have also experienced a significant increase in the volume of negotiation, USDT / USD, seeing an increase of 20% to 15 billion dollars at 11:00 am UTC (CoinmarketCap, February 19, 2025). These data points suggest that traders reaffect their investments towards public services, aligning the change in market feelings highlighted by Deutscher.
Technical indicators also support the analysis of this market change. The relative resistance index (RSI) for MKR increased to 68 to 11:00 a.m. UTC, indicating an excessive potential condition but also suggesting high purchase pressure (TradingView, February 19, 2025). The divergence of Mobile Average Convergence (MacD) for MKR showed a Haussier crossing at 10:45 a.m. UTC, supporting more the concept of an increase in momentum in the active (TradingView, February 19, 2025). Channel metrics also provide valuable information, the number of active MKR addresses increasing by 15% to 12,500 in the first two hours after cancellation (cryptocurrency, February 19, 2025). These technical and chain indicators underline the response of the market to the narrative focused on public services, highlighting potential trading opportunities in sectors such as DEFI and RWA / Tokenization.
In the context of AI developments, the impact on AI tokens has been notable. After the announcement, singularitynet (Agix), an AI token, experienced an increase of 2.5% to $ 0.45 at 10:30 am UTC (Coingecko, February 19, 2025). The correlation between AI tokens and the main cryptographic assets such as Bitcoin and Ethereum is obvious, with an Agix / BTC commercial volume increasing from $ 5 million to 11:00 am UTC (Binance, February 19, 2025). This suggests that the transition from the market to the utility could also benefit the AI tokens, because they are perceived as part of the broader story of public services. AI trading volumes have also experienced changes, trading platforms fueled by AI reporting a 15% increase in commercial activity between various assets, including AI tokens, at 11 a.m. 15 UTC (Kaiko, February 19, 2025). This indicates that the developments of AI influence the feeling of the market and commercial behavior, presenting potential negotiation opportunities in the AI / Crypto crossing space.
