Token Day 2025 in Dubai boosted crypto markets as BTC hit US$95K, ETH rose, and AI tokens surged. Rising volumes and bullish signals hint at strong short-term trading opportunities.
Token Day 2025, part of the Dubai Crypto Conference, made significant waves in the cryptocurrency sector, drawing worldwide attention to the rapidly evolving digital asset landscape.
Miles Deutscher's analysis revealed robust engagement between institutional investors and retail participants, underscoring the event's impact. The conference offered a vital networking opportunity for industry stakeholders, including developers and blockchain companies, to explore emerging trends and opportunities.
The cryptocurrency market experienced growth following the event. Bitcoin (BTC) reached US$95k, showing a 2.3% increase over one day. Ethereum (ETH) followed, rising 1.8% to US$3,275. The opening of the conference sparked increased investor interest and additional market liquidity, driving BTC trading volume up by 15% to US$32.4 billion.
AI-related tokens also saw gains. The crypto token RNDR gained 4.7% to reach US$7.82, while FET rose to US$1.45, up 3.9%.
The technological conferences at the event generated increased interest in AI and cryptocurrencies. The price rise in FET wallet transfers and a 12 percent increase in RNDR’s US$85 million transaction volume pointed to accumulating investor behavior. Previous events showed similar trends. Two days after the major crypto event in 2023, BTC experienced a 5.2% increase.
The volume metrics from the system indicated a higher demand among users in the market. Binance users achieved US$12.8 billion in USDT against BTC trade, marking a 10% increase during the day. ETH/USDT posted US$8.6 billion, up 9.2%. Shipments of the RNDR token on Binance and KuCoin exchange platforms expanded by 18% to reach US$320 million. FET reached US$280 million, a 16% increase.
Technical analysis signaled bullish sentiment. BTC's Relative Strength Index (RSI) on its 4-hour chart is currently 62, indicating potential further price appreciation. The RSI for ETH is presently 58, approaching the resistance level at US$3,300.
During afternoon trading, the MACD indicator registered a positive intersection for BTC. Bitcoin spot trading on Coinbase reached US$5.2 billion within 24 hours. Long-term holder confidence rose by 10% in RNDR staking, increasing the total number of staked tokens to 25 million.