On April 2, 2025, Fidelity Investments made a groundbreaking announcement, allowing investors to directly invest in cryptocurrencies through retirement plans, a significant move towards mainstream crypto adoption.

Following this announcement, the trading volume for Bitcoin surged to $12.5 billion, reflecting a 60% increase, while Ethereum's volume reached $5.2 billion, up by 45% within just one hour.

By noon Eastern Time, Bitcoin's 24-hour trading volume had soared to $30 billion, and Ethereum's volume hit $12 billion, indicating sustained upward momentum in the market.

The BTC/ETH trading pair on decentralized exchanges also saw a notable increase, with volumes rising by 30% to $800 million, showcasing robust trading activity in the wake of the announcement.

On-chain metrics further illustrated the market's vitality, with Bitcoin transactions increasing to 350,000, a 25% rise, and Ethereum's gas usage spiking to 150 Gwei, signaling heightened network activity.

Technical analysis revealed that Bitcoin's Moving Average Convergence Divergence (MACD) showed positive crossovers, reinforcing a bullish outlook, while the Bollinger Bands widened significantly, indicating increased volatility.

The announcement from Fidelity could also positively impact AI-related tokens, with SingularityNET (AGIX) and Fetch.AI (FET) experiencing minor increases, highlighting potential trading opportunities in the AI and crypto crossover sectors.

Additional technical indicators showed Bitcoin's Relative Strength Index (RSI) at 72, suggesting overbought conditions but strong momentum, and Ethereum's RSI at 68, indicating a similar bullish trend.