Bitcoin decrease analysis by Crypto Rover | Flash news details

On March 4, 2025, Bitcoin witnessed a significant decrease in prices, as the price fell from 72,350 dollars at 09:00 UTC to $ 68,400 by 10:00 UTC, a decrease of approximately 5.46 % within an hour (Source: CoinMarketcap). This event was played by a tweet from Crypto Rover, a prominent figure in the cryptocurrency community, Share a video clip explaining the reasons behind the discharge (Source: Twitter, Rovercrc, 4 March 2025). Tweets and videos caused an immediate sale of bitcoin holders, which led to a sharp decrease. The trading volume during this period increased to 12.5 million BTC trading within an hour, an increase of 300 % over the average size of the hour last week (Source: CryptocCOCARPare). This volume height indicates the market’s reaction to the news that Crypto Rover shares. In addition, the BTC/USD trading pair was not the only affected; BTC/ETH’s pair has also seen a similar decrease, as Bitcoin lost 5.3 % against ETHEREUM in the same time frame (Source: Coingecko). The standards on the series confirmed more panic, as the Bitcoin network decreased by 10 % to 300 EH/S, indicating a decrease in mining activity as miners are likely to be sold from their holdings (Source: Blockchain.com). The MVRV ratio, which measures the market value to the achieved value, has decreased from 3.5 to 3.1, indicating a potential excessive estimate (Source: Glassnode). The fear and greed index, which was at the level of “greed” of 75, decreased to 60 years, and moved to the “neutral” region, reflecting the sudden shift in market morale (Source: an alternative. The discharge was also reflected in other major encrypted currencies, where Ethereum decreased by 4.2 % and Cardano by 6.1 % during the same hour (Source: Coinmarketcap). Bitcoin and Eltcoins This emphasizes the interconnected currency market. Macd below the signal line, which indicates a transformation in the momentum (Source: TradingView). (AGIX) by 3.8 % and fetch (FT) by 4.5 % at the same watch (Source: Coinmarketca). The relationship between Bitcoin prices and artificial intelligence symbols indicates a broader transformation in the market, as investors are likely to re -allocate their portfolios in response to news. The trading volume of artificial intelligence symbols also witnessed an increase, as AGIX witnessed a 200 % increase in trading volume to 100 million symbols circulated (Source: CryptoCcompare). This indicates an increase in the interest and potential trading opportunities in the Crompto Crosso sector. The impact of the artificial intelligence development sector can be observed on the feelings of the encryption market through the increasing discussions on the integration of artificial intelligence and Blockchain, with a 50 % increase in relevant topics on social media platforms after the discharge of Bitcoin (Source: Moon). This indicates that the developments of artificial intelligence continue to play an important role in shaping investor morale and market dynamics in the coded currency area.
https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg