US Dollar and 10-year Treasury bonds dipped, while riskier assets surged on Wednesday following softer-than-expected Consumer Price Index results. The main CPI figure met market predictions, climbing 2.9% over the year and 0.4% monthly. Significantly, the core CPI rose by 3.2% year-over-year and 0.2% month-to-month, falling short of the expected 3.3% and 0.3%, respectively. In response to the weaker core CPI numbers, crypto values soared, with Bitcoin nearing a $100k milestone and XRP hitting $3, marking its highest since 2018. Yet, AI agent coins are capturing attention with a 25% surge in their overall market cap today. Analysts are highlighting VIRTUAL, AI16Z, AIXBT, and the newcomer MIND as prime investment opportunities in this space. Has the Crypto Market Reached Its Lowest Point After Weak CPI Data? The widespread recovery in cryptocurrencies hints that Monday’s “long-legged doji” BTC candle at $89,000 might have marked a local bottom. Bitcoin Approaches the $100,000 Mark Two Days Post-CPI Release Investors calling Wednesday’s CPI report “the most critical inflation reading of their lives” weren’t exaggerating. The softer CPI data seems to have dismissed all bearish outlooks, as even optimists like Fundstrat’s Tom Lee had braced for a potential dip to the $50k-$70k range. Moreover, recent figures from the Producer Price Index and the UK's CPI suggest that inflation anxieties might have been overstated, despite levels not yet reaching the Fed's 2% goal. Notably, the supercore CPI recorded its lowest figure since July 2024. The US Dollar and 10-year Treasury yields, both inversely related to Bitcoin, decreased following the soft CPI data. In fact, the DXY briefly dipped below 109 after peaking at 110 on Monday, sparking a broad crypto market rally. These broad recoveries often signal the best opportunities for investors to identify promising cryptos. Tokens that experience the most significant rebounds usually indicate high underlying demand. Unsurprisingly, AI agent coins are leading this charge. Virtuals Protocol (VIRTUAL) and ai16z (AI16Z) have seen the most significant gains among the top 100 cryptocurrencies, with increases of 27% and 20%, respectively. The AI agent market cap has risen by 25%, according to data from CoinGecko . AI agent coins and AI meme coins are expected to be top performers in the upcoming altseason. Top Cryptos to Consider Buying Now As mentioned, VIRTUAL and AI16Z have emerged as top performers in today’s market recovery, indicating strong latent demand and making them leading AI agent coins to purchase. Well-known trader Bluntz is also optimistic about AIXBT, especially after its listing on Binance. AIXBT has risen by 17% today, reflecting robust demand. Nevertheless, savvy investors are also on the lookout for low-cap AI agent coins, aiming for 10x to 100x returns. Notably, a new token in the space, Mind of Pepe ($MIND) , raised over $1 million during its ICO within just a few hours. The project is set to introduce a “self-evolving AI agent” with its own X account, similar to AI16Z. Beyond its innovative AI technology, Mind of Pepe will leverage community insights for market advantages. $MIND holders can expect market insights, trading strategies, and a unique perspective on market shifts. Furthermore, early MIND investors are enjoying benefits from its native staking protocol, currently offering a reward rate exceeding 1500%. Given the interest in low-cap AI agent coins, it’s no wonder that smart money investors see Mind of Pepe as a potential 10x investment opportunity in the near future. Visit Mind of Pepe Presale Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.
