Bitcoin decreased less than $ 79,000 amid market fluctuation Flash news details

On February 28, 2025, Bitcoin witnessed a significant decrease in prices, less than the $ 79,000 sign. At 14:32 UTC, the price of Bitcoin was 78,950 dollars, which represents a 3.5 % decrease from its previous conclusion of $ 81,800 on February 27, 2025, at 22:00 UAE (Source: CoinMarkcap). This decrease was accompanied by a noticeable increase in trading volume, as 43200 BTC is trading within one hour window after the decrease, which is an increase of 22 % compared to the average volume per hour last week (Source: Cryptoquant). The market reaction was quickly, as Bitcoin trading pairs also showed important movements. BTC/USD pair recorded a 1.2 billion dollar trading volume per hour, while the BTC/ETH pair on Coinbase an increase of 18 % to 15000 ETH (Source: API Binance and Coinbase data). The scales on the chain also highlighted the market response, as the number of Bitcoin network transactions jumps to 380,000 transactions during the past 24 hours, up from 320,000 on average, indicating an increase in market activity (Source: Glassnode).

Trading effects of this decrease are multi -side. Immediate sales pressure liquidated more than $ 150 million in long jobs via major stock exchanges such as Bitmex and BYBIT, with the largest individual liquidation event of $ 20 million on Bitmex at 14:45 UTC (source: Coinglass). This event pushed a declining feeling, as evident from the index of fear and greed, which decreased from 62 to 55 on the same day (Source: Alternative.me). DIP also affected Altcoins, as ETHEREUM decreased by 2.7 % to $ 3,850 at 15:00 UTC and Cardano fell 4.2 % to $ 0.65 at the same time (Source: Coingecko). The relationship between Bitcoin and Altcoins has remained strong, with Pearson’s correlation coefficient reached 0.87 between BTC and ETH price movements over the past 24 hours (Source: CryptocCompare). Traders may consider that this decrease is an entry point for long sites, especially if technical indicators indicate a possible recovery.

From the perspective of technical analysis, the Bitcoin scheme for 4 hours has shown a lower rest than the support level of $ 80,000, which had been held since February 15, 2025 (Source: TradingView). The Relative Power Index (RSI) decreased to 38, indicating that Bitcoin was approaching the sales zone, an unprecedented level since January 22, 2025, when RSI was in 35 (Source: TradingView). The average moving rapprochement (MACD) also referred to a decreased intersection at 14:35 UTC, which increases the support of Haboodi expectations (Source: TradingView). Trading volumes remained high, with a size of 24 hours on February 28 to 650,000 BTC, which is much higher than the average daily size of 500,000 BTC during the past month (Source: Coinmarketca). These indicators indicate that merchants must closely monitor the price of bitcoin for possible reflection signals or the downside.

In the context of news related to the prosecution, there were no major developments on February 28, 2025, which directly affected the cryptocurrency market. However, continuous research continues in trading algorithms driven by artificial intelligence to influence market morale. For example, a recent study conducted by the University of Cambridge indicated that trading robots driven by artificial intelligence can represent up to 20 % of the daily trading volume on the main stock exchanges, a number that increases steadily over the past year (Source: Cambridge University Research report, February 2025). This trend indicates that the distinctive related symbols of artificial intelligence such as Singularity (AGIX) and Fetch.AI (Fet) can suffer from increased trading and volatility in bitcoin. On February 28, AGIX saw an increase in the 12 % trading volume to $ 50 million, while the Fet volume increased by 15 % to $ 35 million (Source: Coingecko). The relationship between these distinctive AI and Bitcoin symbols was moderate, with a 0.55 laboratory for AGIX and 0.60 for FET last week (Source: CryptocCOCARPare). Traders interested in the AI-Crypto Crossover intersection must closely monitor these symbols, as they may provide trading opportunities based on the wider market trends and artificial intelligence development news.