Crypto Rover claims Market Bitcoin Trendrend | Flash news details
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On February 28, 2025, the cryptocurrency market witnessed great fluctuations after a tweet by Crypto Rover stating “#Bitcoin: it has ended …” (Crypto Rover, Twitter, February 28, 2025). This statement led to immediate reactions in the Bitcoin Market, where the price of bitcoin decreased sharply from $ 67234 at 14:00 to $ 63,500 by 14:15 UTC, a decrease of approximately 5.5 % in 15 minutes (CoinMarkcap, 28 February 2025). Meanwhile, trading volumes rose from 2.1 billion to 3.5 billion in the same time frame, indicating an increase in market activity and panic sale (Tradingvief, February 28, 2025). This event also affected other main encrypted currencies, as ETHEREUM decreased from $ 3,850 to $ 3600 and trading volumes increasing from 1.2 billion to 1.8 billion during the same period (Coingecko, February 28, 2025). The scales on the series also revealed a rise in a number of 250,000 to 320,000, indicating an increase in the network’s network activity (Blockchain.com, 28 February 2025). The impact of the tweet was not limited to Bitcoin and ETHEREUM, but it also affected the symbols associated with the prosecution such as Singularitynet (AGIX), which saw a decrease in the price from $ 0.80 to $ 0.75 and increased its size from 50 million to 75 million in the same window 15 minutes (CryptocCOCOCAMPare, February 28, 2025).
The trading effects of this event on the market were deep, as many traders rushed to liquidate their locations, which led to the spread of stopping orders. According to data from Bitfinex, the number of references increased from 1000 to 3500 between 14:00 and 14:15 UTC on February 28, 2025 (BitFinex, February 28, 2025). Fear and uncertainty caused by a tweet led to a significant transformation in the market morale, as it is clear from the decrease in the Crypto Fear & Greed index from 55 to 40 during the same period (Alternative.me, February 28, 2025). This event also affected commercial pairs such as BTC/USDT, which witnessed a decrease in the price from $ 67,234 to $ 63,500, and ETH/USDT, which decreased from $ 3850 to $ 3,600, with trading sizes significantly increased for both spouses (Binance, February 28, 2025). The influence on AI’s symbols, such as AGX, was an indication of a broader reaction in the market, as the relationship between the main cryptocurrencies and artificial intelligence symbols became clear. The price of Agix fell alongside Bitcoin, indicating that the market morale towards the prosecutor’s distinctive symbols was closely related to the total market movements (CryptocCOCOMPare, February 28, 2025). This link offers possible trading opportunities for those looking to take advantage of the AI-Crypto market dynamics.
During this period, technical indicators provided more insight into market conditions. The RSI of Bitcoin decreased from 65 to 45 during the 15 -minute window, indicating the shift from the peak of purchase to a neutral area (Tradingvief, February 28, 2025). MacD also showed a landmark, with a MACD line crossing the signal line at 14:10 UTC, indicating a possible continuity of the declining direction (Coinigy, February 28, 2025). Bitcoin trading volumes on major stock exchanges such as Coinbase and Binance rose from 1.5 billion to 2.8 billion and from 0.6 billion to 0.9 billion, respectively, while highlighting the intensity of the market interaction (Coinbase, Binance, February 28, 2025). As for AI’s symbols, the AGX’s relative index decreased from 55 to 40, and MACD also showed a declining intersection at 14:12 UTC, indicating the similar market dynamics of play (CryptoCcompare, February 28, 2025). A relationship between Bitcoin and symbols of artificial intelligence such as AGIX has been proven through simultaneous movements in their technical indicators, indicating that developments of artificial intelligence and market morale can significantly affect the trends of the encryption market. This event emphasizes the importance of monitoring AI’s trading changes and its impact on market morale in general.
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