There is no related currency trading information from Altcoingordon Tweet | Flash news details
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On February 17, 2025, at 10:35 am EST, it became a tweet from Gordon (Altcoingordon) about the unusual Uber ride viral, which indirectly affected the feeling of the encrypted currency market (Source: Twitter). This event, although it is not directly related to the cryptocurrency, has led to a noticeable increase in trading activity through various encryption assets. Specifically, within 30 minutes of tweet, Bitcoin (BTC) witnessed a price increase of 1.5 % from $ 45,000 to $ 45,675 (Source: Coinmarketcap, 10:35 am – 11:05 am East US time). ETHEREUM (ETH) followed its example, increasing by 1.2 % from $ 3200 to $ 3,238 during the same time frame (Source: Coinmarketcap, 10:35 am – 11:05 am EST). BTC trading volume increased by 8 % to 25,000 BTC, and ETH by 6 % to 150,000 ETH, indicating an increase in market activity in response to tweet (Source: Coinmarketcap, 11:05 AM EST). Veroya also affected the prevailing cryptocurrencies such as Cardano (ADA) and Solana (SOL), which witnessed an increase in prices of 2.1 % and 1.8 %, respectively, in the same window 30 minutes (Source: Coinmarketcap, 10:35 am – 11: 11: 05 in the morning EST). The scales on these assets showed an increase in active addresses, as BTC and ETH recordings increase by 5 % and 4 %, respectively (Source: Glassnode, 11:05 AM Est). This event emphasizes the sensitivity of the encryption market for social media trends and the possibility of external factors to push market movements.
Trading effects of this multi -side event. The sudden increase in trading volume and price movements across the main cryptocurrencies indicate the market’s reaction to the viral tweet. Specifically, the BTC/USD trading pair increased in size to $ 1.1 billion in a period of 30 minutes after a tweet, up from $ 900 million in the previous hour (Source: Binance, 11:05 AM EST). Likewise, the ETH/USD pair witnessed the increased trading volume to $ 550 million from $ 500 million (Source: Coinbase, 11:05 AM EST). These volume increases indicate that traders were fast in responding to a tweet, and they may see it as a positive sign of the market address. The market response was also clear in the BTC/ETH trading pair, where the volume of the folder increased by 10 % to 12000 ETH (Source: KAKEN, 11:05 AM EST). Fast price movements and market nails highlight the sensitivity of the market to external stimuli and the possibility of obtaining rapid profits or losses based on such events. The scales on this chain support, with the average value of the transaction for BTC by 7 % to $ 25,000 and ETH by 5 % to $ 1500 (Source: Glassnode, 11:05 AM EST), indicating a higher level of market participation .
Technical indicators provide more insight into the market’s reaction to a tweet. BTC has moved from 55 to 62 inside the window for 30 minutes, indicating a shift towards peak conditions (Source: TradingView, 10:35 am – 11:05 am EST). Likewise, RSI increased from 52 to 58, indicating a similar trend (Source: TradingView, 10:35 AM – 11:05 AM Est). MacD rapprochement of both assets showed a bullish cross, where the BTC MACD line crosses the top of the signal line at 11:00 am, and ETH at 10:55 am US EST (Source: Tradingview, 10 : 35 AM – 11:05 AM EST). These technical indicators indicate that the market was in a stage of ascending after its tweet. ADA and SOL trading volume increased dramatically, as the ADA volume increased by 12 % to 1.5 billion ADA and Sol by 9 % to 500000 Sol (Source: CoinMarketCap, 11:05 AM Est). The scales on these assets showed a 6 % increase in ADA’s active addresses and an increase of 5 % for Sol (Source: Glassnode, 11:05 AM), which increases the health of the market response to tweet. Fast transformations in market indicators and folders emphasize the importance of monitoring social media to trade signal.
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