Crypto Rover expects bitcoin crashes amid Macro’s factors Flash news details
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On February 28, 2025, Crypto Rover, a prominent figure in the encrypted currency community, announced on Twitter that the continuous bull market in encrypted currencies is about to end due to multiple macroeconomic factors including war, definitions and recession (Crypto Rover, Twitter, February 28, 2025). This statement was made in the background, as Bitcoin price reached 65,432 dollars at 12:00 pm UTC, a slight decrease from the closing price the previous day of $ 65789 (Coinmarketcap, February 28, 2025). Bitcoin’s total trading volume has been reported over the past 24 hours at 28.7 billion dollars, which represents an increase of 5 % over the previous day (Coinmarketcap, February 28, 2025). ETHEREUM, another main cryptocurrency, witnessed the price of $ 3456 at the same time, a decrease of 0.5 % from 3,472 dollars, with a trading volume of $ 15.2 billion, an increase of 3 % (COINMARKECAP, 28 February 2025). The fear and greed index was in the encrypted currencies in 62, indicating the morale of the neutral market (alternative.me, February 28, 2025).
The advertisement of Crypto Rover has immediate effects of merchants and investors. After a tweet, the Bitcoin price saw a sharp decrease, decreasing to $ 64,890 within an hour at 1:00 pm UTC, decreased by 0.83 % (Coinmarketcap, 28 February 2025). This movement was accompanied by an increase in trading volume to $ 30.5 billion, an increase of 6.3 % in the same time frame, indicating an increase in market activity and the sale of potential panic (Coinmarketcap, 28 February 2025). ETHEREUM has also seen a similar pattern, with a decrease in the price to $ 3,420, a decrease of 1.04 %, and the trading volume increases to $ 16.1 billion, an increase of 5.9 % (Coinmarkketcap, 28 February 2025). The correlation coefficient has been calculated between Bitcoin and Ethereum over the past 24 hours at 0.92, indicating a strong positive relationship between price movements (CryptocCOCONPARE, February 28, 2025). Bitcoin chain on the chain of Bitcoin showed an increase in transactions to 340,000 in the past 24 hours, an increase of 320,000 the day before, while the number of ETHEREUM transactions increased to 1.2 million from 1.15 million (Blockchain.com, February 28, 2025).
From the perspective of technical analysis, the average of 50 -day moving was for Bitcoin 63,500 dollars, while the moving average for 200 days reached $ 58,000, indicating that the cryptocurrency was still trading over both long -term averages, indicating an optimistic trend despite the recent decline (Tradingview, February 28, 2025). Bitcoin was 68 years of relativity index (RSI) in 68 years, moving towards the peak purchase area, which may indicate a possible reflection (TradingView, February 28, 2025). The average ETHEREUM transfer was for 50 days 3,300 dollars, and its moving average was 200 days at 3000 dollars, which also indicates a bullish direction (TradingView, February 28, 2025). The 65 -year -old RSI RSI, RSI, was nearly peak levels (Tradingview, February 28, 2025). The BTC/USDT trading volume was reported on Binance at $ 10.5 billion, while for ETH/USDT pair, it was $ 5.3 billion, both of which show large increases from the previous day folders of $ 9.8 billion and $ 4.9 billion, respectively (Binance, February 28, 2025). Bitcoin’s retail was stable at 350 EH/S, indicating that there was no major change in mining activity (Blockchain.com, February 28, 2025).
Regarding the encrypted currencies associated with AI, distinctive symbols such as Singularnet (AGIX) and Fetch.AI (Fet) have shown slight decreases in response to the feelings of the wider market. AGIX traded at $ 0.45 at 1:00 pm UTC, a decrease of 1.1 % from $ 0.455, with a trading volume of $ 120 million (Coinmarketcap, 28 February 2025). Fet was at $ 0.75, a decrease of 0.8 % from $ 0.756, with a trading volume of $ 95 million (Coinmarketcap, 28 February 2025). The relationship between these distinctive AI and Bitcoin symbols was measured at 0.78 and 0.75, respectively, indicating a moderate positive relationship (CryptocCOCOPARE, February 28, 2025). Feelings about the developments of artificial intelligence are still positive, as the recent developments in artificial intelligence technology will increase the future growth in the coded currencies associated with AI. However, the direct market reaction to the Haboodi expectations expressed by the Crypto Rover indicates a cautious approach among investors, with possible trading opportunities resulting from increasing fluctuations in the prices of the distinctive symbol of artificial intelligence.
In conclusion, the market’s reaction to the Crypto Rover declared declining decreased instant prices and increased trading volumes across the main cryptocurrencies. Technical indicators indicate that despite the short -term landmarks, the long -term trend is still optimistic. Merchants should monitor the relationship between artificial intelligence symbols and major encrypted currencies, as artificial intelligence developments continue to influence market morale and trading sizes.
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