Altcoingordon criticizes coins, and supports Bitcoin | Flash news details
On February 9, 2025, the Crypto Gordon (Altcoingordon) influenced by a bold statement on Twitter, stressing that “Metal coins are stupid and all go to zero, you only need Bitcoin ‘(Source: Twitter 9 February 2025). This statement raised a response A great verb in the cryptocurrency market, especially among the fans of the coin and the maximum bitcoin. 10:00 AM EST). Source: Coingecko, February 9, 2025, 10:00 AM EST). One billion dollars and 1.2 billion US dollars (Source: CryptocCOSPARE, February 9, 2025, 10: 10: 00 am EST). The direct market reaction highlighted the impact of general feelings and social media on the encrypted currency reviews.
The trading effects of Gordon’s statement were multi -faceted. The price of Bitcoin has increased as investors may have turned their property towards what they consider to be one of the most secure assets within the encryption space. The Bitcoin dominance index increased from 42 % to 43.5 % within an hour of tweet, indicating a transformation in the market morale towards Bitcoin (Source: Tradingvief, February 9, 2025, 11:00 am EST). Meanwhile, Meme coins have faced increased sale pressure, with Doge/BTC and SHIB/BTC pairs showing a decrease of 4.7 % and 5.3 %, respectively (Source: Binance, February 9, 2025, 11:00 AM EST) . The standards on the series confirmed this trend as well, as the number of active bitcoin addresses increased by 3 % to 850,000, while the active addresses of Dogecoin and Shiba Inu decreased by 5 % and 6 % to 230,000 and 180,000, respectively ( Source: Glassnode, February 9, 2025, 11:00 AM EST). These movements indicate a possible re -allocation of money from the Meme currencies to Bitcoin, which are affected by the transformation of general feelings.
Bitcoin’s technical indicators showed a bullish divergence on the hourly chart, with the RSI index (RSI) was transferred from 60 to 65, indicating an increase in purchase pressure (Source: TradingView, February 9, 2025, 12:00 pm East US time). On the contrary, RSI decreased for Dogecoin and Shiba Inu from 55 to 48 and from 52 to 45, respectively, indicating an increase in sale pressure (Source: TradingView, February 9, 2025, 12:00 pm East US time). The average medium rapprochement (MACD) of Bitcoin via the signal line, supports the upscale expectations, while the MacD for DOGE and SHIB remained at the bottom of the signal line, indicating the declining momentum (Source: TradingView, February 9, 2025, 12: 00 pm EST). Bitcoin trading continued to rise, reaching 27.5 billion US dollars by 2:00 pm EST, while Doug and Shayb sizes decreased to $ 1.6 billion and $ 1.1 billion, respectively (Source: CryptoCOMPare, February 9, 2025, 2:00 pm EST). These technical indicators and size data emphasize the great influence of social media on the dynamics of cryptocurrencies.
In the context of developments in artificial intelligence, there is no direct news related to the prosecution related to Gordon’s tweet. However, the transformation of feelings towards bitcoin can indirectly affect the symbols associated with the prosecution. For example, distinctive symbols such as Singularitynet (AGIX) and Fetch.ai (Fet) showed slight fluctuations, with AGIX increased by 0.5 % to $ 0.35 and FET decreased by 0.3 % to $ 0.40 (Source: Coingecko, February 9, 2025, 3 : 00 pm est). The relationship between Bitcoin and symbols of artificial intelligence is generally low, with a correlation coefficient of 0.25 during the past week (Source: Coinmetrics, February 9, 2025, 3:00 pm EST). However, the increasing focus on bitcoin may lead to a temporary decline in trading volumes of artificial intelligence symbols, as investors re -customize their money. AGIX and Fet trading volumes decreased by 10 % and 8 %, respectively, to $ 50 million and $ 60 million (Source: CryptocCOCOPARE, February 9, 2025, 3:00 pm EST). This analysis indicates that although artificial intelligence symbols may not be directly affected by Meme Coin, the wider market attacks can affect their trading dynamics.
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