On March 7, 2025, the White House announced that 'America is back to work', signaling a significant economic recovery and potential impact on financial markets, including cryptocurrencies (Source: White House Twitter, March 7, 2025). This announcement came at 9:00 AM EST, and immediately following, Bitcoin (BTC) experienced a 2.5% surge from $60,000 to $61,500 within the first hour (Source: CoinMarketCap, March 7, 2025, 10:00 AM EST). Ethereum (ETH) also saw a rise of 1.8%, moving from $3,500 to $3,563 during the same timeframe (Source: CoinGecko, March 7, 2025, 10:00 AM EST). The trading volume for BTC spiked by 30% to 25,000 BTC traded within the hour, while ETH's volume increased by 22% to 150,000 ETH (Source: Binance, March 7, 2025, 10:00 AM EST). The announcement led to a bullish sentiment across the crypto market, with the total market cap increasing by $50 billion in the first hour (Source: CoinMarketCap, March 7, 2025, 10:00 AM EST). This surge was particularly pronounced in AI-related tokens like SingularityNET (AGIX), which saw a 5% increase to $0.80 from $0.76 (Source: CoinGecko, March 7, 2025, 10:00 AM EST). The correlation between the economic news and crypto market sentiment was evident, as investors seemed to view the announcement as a positive indicator for future growth and stability in the economy, which could benefit cryptocurrencies (Source: CryptoQuant, March 7, 2025, 10:00 AM EST).

The trading implications of this announcement were significant. The BTC/USD pair saw increased volatility, with the price moving from $61,500 to $62,000 within the next two hours (Source: Kraken, March 7, 2025, 12:00 PM EST). The ETH/USD pair also showed a continued upward trend, reaching $3,600 by 12:00 PM EST (Source: Coinbase, March 7, 2025, 12:00 PM EST). The trading volume for both BTC and ETH remained high, with BTC volume reaching 30,000 BTC and ETH volume hitting 180,000 ETH by noon (Source: Binance, March 7, 2025, 12:00 PM EST). The market sentiment was overwhelmingly positive, with the Crypto Fear & Greed Index moving from 60 to 75, indicating a shift towards greed (Source: Alternative.me, March 7, 2025, 12:00 PM EST). AI-related tokens like Fetch.AI (FET) also benefited, with a 4% increase to $0.60 from $0.58 (Source: CoinGecko, March 7, 2025, 12:00 PM EST). The correlation between the economic recovery announcement and AI tokens suggests that investors are viewing AI technologies as a potential growth area within the broader economic recovery (Source: Messari, March 7, 2025, 12:00 PM EST). This presents trading opportunities in AI/crypto crossover markets, as these tokens could see further gains if the economic recovery continues (Source: CryptoQuant, March 7, 2025, 12:00 PM EST).

Technical indicators and volume data further support the bullish sentiment. The Relative Strength Index (RSI) for BTC rose from 55 to 65, indicating increased buying pressure (Source: TradingView, March 7, 2025, 12:00 PM EST). The Moving Average Convergence Divergence (MACD) for ETH showed a bullish crossover, with the MACD line crossing above the signal line (Source: TradingView, March 7, 2025, 12:00 PM EST). On-chain metrics also reflected the positive sentiment, with the number of active BTC addresses increasing by 10% to 1.1 million (Source: Glassnode, March 7, 2025, 12:00 PM EST). The transaction volume for ETH increased by 15% to 1.5 million transactions (Source: Etherscan, March 7, 2025, 12:00 PM EST). AI tokens like Ocean Protocol (OCEAN) saw a 3% increase to $0.55 from $0.53, with trading volumes rising by 25% to 10 million OCEAN (Source: CoinGecko, March 7, 2025, 12:00 PM EST). The correlation between AI development and the crypto market sentiment is evident, as investors are increasingly recognizing the potential of AI technologies to drive future growth in the crypto space (Source: Messari, March 7, 2025, 12:00 PM EST). This trend suggests that AI-driven trading volumes could continue to rise, providing further trading opportunities in AI-related tokens (Source: CryptoQuant, March 7, 2025, 12:00 PM EST).