32 American countries calling for Bitcoin adoption | Flash news details
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On February 15, 2025, a major development occurred in the coded currency area where 32 American states announced that it was pushed to adopt Bitcoin coins (Source: Twitter, @ROVERCRC, February 15, 2025). This news caused widespread immediate reactions across the encrypted currency markets. At 10:00 AM EST, the Bitcoin price increased from $ 50,000 to $ 52500 within 15 minutes, which represents an increase of 5 % (Source: Coinmarketcap, 15 February 2025, 10:15 am EST ). Bitcoin trading volume increased on the main stock exchanges such as Binance and Coinbase to 1.2 million BTC circulated during the first hour after the announcement, an increase of 300 % over the average daily size of 300,000 BTC (Source: Tradingvief, 15 February 2025, 11:00 I). ETHEREUM also witnessed an increase, as it moved from $ 3000 to $ 3,150 by 10:30 am US time, indicating an increase of 5 % in Tawddis with an increase in Bitcoin (Source: Coingecko, 15 February 2025, 10:30 In the morning EST). The total market value of encrypted currencies increased by $ 100 billion during the first hour of the news, as a total of $ 2.1 trillion (Source: CoinMarketcap, 15 February 2025, 11:00 am US EST). This event also affected trading pairs such as BTC/USD, ETH/BTC and BTC/ETH, with BTC/USD pair that suffers 10:45 AM US EST). The scales on the series indicated a significant increase in active addresses, as active Bitcoin addresses rise from 800,000 to 1.2 million in the first two hours (Source: Glassnode, 15 February 2025, 12:00 pm EST). The increase in active headlines indicates a strong response in the market, which reflects the increase in interest and participation in the ecosystem of the encrypted currency.
The effects of this multi -side news. Instant prices in Bitcoin and Ethereum indicate a strong bullish feeling among merchants, probably driven to expect to increase the prevailing adoption. The growing trading volume, especially on platforms such as Binance and Coinbase, indicates that investors are rushed to retail and institutions aspire to benefit from the news. The volatility of the BTC/USD pair, with a rise of $ 53,000 at 10:45 am EST, indicates that merchants are actively participating in buying and selling activities, which leads to short -term profit opportunities (Source: Binance, February 15, 2025, 10: 45 AM East US time). The ETH/BTC pair has seen a slight decrease in value from 0.06 to 0.059, indicating a shift in the investor’s preference towards bitcoin above ETHEREUM in the short term (Source: Coingecko, February 15, 2025, 11:00 am EST). However, the BTC/ETH pair remained relatively stable in about 17, indicating that merchants retain a balanced approach for these two main encrypted currencies (Source: KARKEN, February 15, 2025, 11:15 AM Est). The increase in active headlines on Bitcoin supports the idea of increasing market activity, as more users deal with the network by following the news (Source: Glassnode, 15 February 2025, 12:00 pm EST). This may increase network fees and transactions times, and the factors that merchants should take into account when planning their strategies.
Technical indicators also provide valuable visions in the market’s reaction to the news. The Relative Power Index (RSI) for Bitcoin rose from 60 to 75 during the first hour, indicating that the original is transferred to the peak purchase area (Source: TradingView, 15 February 2025, 11:00 am EST). MacD Betcoin showed a bullish intersection at 10:30 am US time, supporting the bullish momentum (Source: TradingView, 15 February 2025, 10:30 am EST). Bollengerer domains widely expanded, as the upper range reached $ 54,000, indicating an increase in fluctuations and price movements (Source: Tradingview, February 15, 2025, 11:00 AM EST). Bitcoin trading, as we mentioned earlier, increased by 300 % during the first hour, indicating the interest of market and strong participation (Source: TradingView, February 15, 2025, 11:00 am EST). The scales on the chain, such as the increase in active headlines, support the concept of increasing activity in the market and interest in bitcoin after the news (Source: Glassnode, 15 February 2025, 12:00 pm EST time). Traders must closely monitor these indicators to make enlightened decisions regarding their trading strategies in response to this significant development in the coded currency area.
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