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According to Santiment data, global discussions on artificial intelligence and real-world assets have suddenly increased.
Search volumes for various other topics show significantly lower engagement when compared to discussions about artificial intelligence and real-world assets.
In addition to the continued interest around artificial intelligence and real-world assets, there has been a significant increase in the prices of AI-based crypto tokens.
The surge in interest around artificial intelligence and real-world assets is observed to coincide with a period of slowing down in Bitcoin’s price rally.
Expectations for Bitcoin Price Reaching $40,000
According to Santiment data, global discussions on artificial intelligence and real-world assets have suddenly increased. Furthermore, traders and investors are talking less about bull or bear markets. Market sensitivity towards the $40,000 level for BTC may be a positive sign for investors.
Market data reveals that countries advancing growth and development around artificial intelligence are driving the increased discussions among investors and traders about the future possibilities of real-world assets and AI. Also, as discussions about cryptocurrency asset prices decrease following crypto market volatility, the sensitivity towards Bitcoin reaching $40,000 continues to rise.
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Social Trend: Santiment
Santiment’s data highlights a distinct trend showing that search volumes for Bitcoin exchange-traded funds (ETFs), a significant indicator in the crypto space, have remained relatively calm compared to the price increase of BTC.
In contrast, search volumes for various other topics like the Consumer Price Index (CPI), PayPal stablecoin, Curve drama, bull market, and bear market show significantly lower engagement when compared to discussions about artificial intelligence and real-world assets. This data underscores the growing significance of artificial intelligence and real-world assets as emerging hotspots in the global financial landscape.
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Investors and Traders Turning to Artificial Intelligence
In addition to the continued interest around artificial intelligence and real-world assets, there has been a significant increase in the prices of AI-based crypto tokens. As recently reported by COINOTAG, AI-based tokens such as OCEAN, INJ, and FET experienced significant price increases following a pause in the Bitcoin price rally.
Furthermore, leading tech giants like Google, Microsoft, and Anthropic investing in artificial intelligence and promoting its growth and development have led investors to reconsider their investment options. The global shift toward artificial intelligence and real-world assets is apparent as discussions about artificial intelligence extend beyond the cryptocurrency price landscape.
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