Coincidences or not, several other AI tokens also benefited from bullish news in September, drawing more attention to the sector.
For example, OpenLedger (OPEN) surged 135% after listing on Binance. More recently, Coinbase and Upbit listed FLOCK, sending the token up more than 200% to a new all-time high.
In conclusion, Worldcoin’s rise and the excitement of Korean traders are contributing to the surge in AI tokens this September.
The widespread rally across the AI sector also signals that retail investors are beginning to reallocate capital after two months of stagnation, during which the altcoin market capitalization (TOTAL3) hovered around $1 trillion.
Event focus: The Jackson Hole Economic Policy Symposium takes place August 21–23, 2025, with Fed Chair Jerome Powell’s speech set for Friday at 14:00 GMT.
Rate cut expectations: Markets see an 83% chance of a 25 bps rate cut on September 17, down from 94% last week.
Dollar impact: Lower interest rates tend to weaken the dollar and boost risk assets, such as stocks and crypto.
Powell's tone matters: A dovish Powell could fuel an EUR/USD breakout; a hawkish tone might trigger profit-taking.
EUR/USD setup: The EUR/USD pair is up 13% year-to-date, and is trading near 1.168, just below key resistance at 1.182
Neutral technicals: A flat MACD and RSI at 50 reflect market indecision ahead of Powell’s remarks.