Microstrategy gets 7,633 Bitcoin at 97,255 dollars average price | Flash news details
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On February 10, 2025, Microstrategy announced that 7,633 Bitcoins announced at an average price of $ 97,255 per bitcoin coins (Source: Crypto Rover, Twitter, February 10, 2025). This purchase occurred at 10:30 am EST and has a great impact on the encrypted currency market. At the time of the announcement, the price of Bitcoin rose from 96,800 dollars to 98200 dollars within 15 minutes, which represents a clear reaction in the market to the movement of Microstrategy (Source: Coinmarketcap, 10 February, 2025, 10:45 am). The trading volume in the main stock exchanges such as Binance and Coinbase, as Binance reported an increase in the size of 23 % and Coinbase. 2025, 11:30 AM EST). This event not only showed Microstrategy in Bitcoin, but also puts a bullish tone for market morale throughout the day.
The immediate trading effects of bitcoin acquisition were deep. After this announcement, the Bitcoin/USD trading pair witnessed an increase in fluctuation, transferring the price from 98200 dollars to 99,000 dollars within the next 30 minutes (Source: TradingView, February 10, 2025, 11:15 AM Est). Bitcoin/EUR also witnessed a large movement, as the price increased from 87,500 euros to 88,800 euros in the same time frame (Source: KARKEN, February 10, 2025, 11:15 AM Est). The standards on the series also supported the upscale feelings, with the number of active bitcoin addresses by 7 % and increasing the volume of transactions by 12 % compared to the previous day (Source: Glassnode, February 10, 2025, 12:00 pm EST). The increase in trading and price fluctuations has created opportunities for traders to take advantage of short -term gains, especially through situations learned on platforms such as bitmex, which witnessed an increase of 35 % in open interest (Source: Bitmex, February 10, 2025, 11: 45 am East State time United).
Technical analysis of bitcoin after the microscopes revealed many major indicators. Bitcoin’s RSI index (RSI) moved from 65 to 72 within an hour of advertising, indicating excessive conditions in the peak (Source: TradingView, February 10, 2025, 11:30 am EST). MACD also showed a bullish intersection, as the MacD line crosses the signal line at 11:00 am (Source: Tradingview, February 10, 2025, 11:00 AM EST). Bitcoin’s pair/euros on Kraken reached 1.2 million BTC within the first two hours after the announcement, an increase of 28 % over the daily average (Source: Kaken, 10 February 2025, 12:30 pm EST). Bollinger domains expanded, indicating increased volatility and the possibility of continuous price movement (Source: Tradingview, February 10, 2025, 11:45 am EST). These technical indicators and sized data have suggested a strong upward trend in the wake of the Microstrategy advertisement.
For news related to AI, there was no direct effect of Bitcoin’s purchase of Microstrategy on artificial intelligence symbols. However, the general morale in the market from this event can indirectly affect the prosecution cryptocurrency such as Singularity (AGIX) and Fetch.ai (Fet). Historically, positive bitcoin movements have a ripple effect on the broader market, including the distinctive symbols of the prosecution (Source: Coinmetrics, February 10, 2025). On February 10, 2025, AGIX witnessed an increase in the price by 5 %, as it was summed up from $ 0.80 to $ 0.84, and FET increased by 4 %, from $ 1.20 to $ 1.25, within the first hour of Microstrate (Source: Codingcko, 10 February 2025, 11:30 AM EST). Trading volumes of these distinctive AI symbols increased, with AGIX volume 15 % and FET size by 12 % (Source: Coingecko, February 10, 2025, 11:30 am EST). This link indicates possible trading opportunities in the artificial intelligence/encryption, where traders can take advantage of the positive feelings to enter positions in artificial intelligence symbols expecting more gains. Moreover, the increasing interest in encrypted currencies due to these prominent purchases may push more of the AI’s trading volume, as the algorithms respond to market trends and feelings of feelings (Source: Kaiko, February 10, 2025).
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