Bitcoin (BTC) hit an all-time high on Monday while the emerging artificial intelligence (AI) agent sector of cryptocurrencies soared on Tuesday as traders awaited the first crypto-specific actions from the Donald Trump administration. It stalled below that.
AI16Z and AI Rig Complex’s ARC rose over 30% throughout the day, while GRIFFAIN and ZEREBRO also posted double-digit gains. Part of the rise was tied to Tuesday afternoon’s news that President Trump was preparing to announce up to $500 billion in investments in private sector AI infrastructure involving companies such as OpenAI, Oracle and SoftBank. There is a possibility that President Trump also on Monday rescinded Joe Biden’s 2023 executive order on AI risks to consumers, rolling back efforts to regulate the fast-growing sector.
The crypto AI agent sector has gained significant mindshare among traders and has grown into a multi-billion dollar asset class since October, when the first AI tokens were introduced. These agents, represented by cryptographic tokens, are developed to perform specific tasks such as posting on social media, providing market insights, creating meme coins, or creating on-chain transactions to carry out trades. It is an autonomous program.
“The guilty verdict was tried when it came to AI/cryptocurrency, but after Altman celebrated, Trump just did the same with a headline about AI infrastructure,” said Will Clemente, founder of Reflexivity Research. He said in a post by X. “As long as BTC doesn’t fall below $100 ($1,000), think of this sector as a place where the hot money will be.”
The broader crypto market is in wait-and-see mode, with most large tokens in the CoinDesk 20 Index posting modest gains. Bitcoin has risen 3% in the past 24 hours to $106,000, just below Monday’s all-time high. This was boosted by MicroStrategy (MSTR) adding another 11,000 BTC to the Treasury for $1.1 billion. The largest corporate holder of this asset currently holds BTC worth $49 billion.
Ethereum’s Ether (ETH) remains in BTC amid growing community backlash over the Ethereum Foundation, the development organization behind the blockchain, losing value and market share of blockchain activity to competitors In contrast, the stock is oscillating near its lowest level in four years.
“Given BTC’s strong rally on an absurdly bubbly weekend driven by meme coin frenzy and high expectations for President Trump’s crypto policies, we expect a very strong 2 “After several months, I support soft risk avoidance.” “We expect crypto-specific executive orders to increase volatility, and the most plausible early executive orders are repealing SAB 121 and pardoning Ross Ulbricht.”
story continues