CZ predicts an increase in Bitcoin’s dependence by nations Flash news details

On March 5, 2025, ChangPeng Zhao (CZ), former Binance CEO, warned, through a tweet shared by Gordon (Altcoingordon) that “more countries will begin to accommodate Bitcoin” (Twitter, 2025-03-05). After this statement, the cryptocurrency market witnessed important movements. At 10:00 am International time on March 5, Bitcoin (BTC) witnessed a sharp increase of 4.5 %, with a price of 72345 dollars (Coinmarketcap, 2025-03-05). This increase was accompanied by a rise in trading volume to 23.5 billion US dollars within the first hour, indicating the interest of the strong market (Coingecko, 2025-03-05). In the same period, other major cryptocurrencies such as ETHEREUM (ETH) and Cardano (ADA) witnessed gains, with ETH increased by 3.2 % to $ 4,123 and ADA by 5.8 % to $ 1.35 (Coinbase, 2025-03-05). The Bitcoin dominance index rose to 52.3 %, indicating a shift towards Bitcoin in the market (TradingView, 2025-03-05). The scales on the chain showed a significant increase in the active headlines, as the number of active titles of Bitcoin jumped by 15 % to 1.2 million (Glassnode, 2025-03-05). Retail also increased by 3 % to 340 EH/S, indicating an increase in mining activity (Blockchain.com, 2025-03-05). This data reflects the feelings of difficulty in the wake of the Check Tersel warning, as it seems that investors are putting themselves in anticipation of more institutional adoption of Bitcoin by countries.

The trading effects of the Check Chic statement were immediate and deep. At 11:30 am UTC, the BTC/USD trading pair witnessed an increase in the open interest on the main future stock exchanges, with an increase of 10 % to $ 15.2 billion, indicating that traders were betting on the price estimate (Binance Futures, 2025-05-05). BTC/ETH trading pair on decentralized stock exchanges such as UISWAP increased by 20 % in size to 1.2 million ETH within two hours of tweet, indicating a shift towards bitcoin from other major encrypted currencies (UISWAP, 2025-03-05). Fear and greed index, which measures market morale, jumped from 65 to 78, reflecting the increased optimism (Alternative.me, 2025-03-05). The depth of the market for Bitcoin increased significantly, with a narrowing of the bid width to 0.02 %, indicating increased liquidity and reducing volatility (KRAKEN, 2025-03-05). The increase in trading activity and a positive feeling indicates that merchants put themselves for advertisements or possible future procedures by countries related to bitcoin accumulation, which may lead to an increase in prices.

Technical indicators at 1:00 pm UTC on March 5 other visions were provided in the direction of the market. The RSI RSI has reached 72, indicating excessive conditions in the peak but not yet in extremist lands (TradingView 2025-03-05). The difference in moving average rapprochement (MACD) showed a bullish intersection, with the MACD line crossing over the signal line, indicating the continuation of the upward momentum (Coinigy, 2025-03-05). Bollinger domains expanded, with the upper range to 74,500 dollars, reflecting the increased volatility and the ability to increase prices (Investing.com, 2025-03-05). Bitcoin trading volume on major stock exchanges such as Coinbase and Binance 28.9 billion US dollars by 2:00 pm UTC, an increase of 23 % from morning rise (Coinbase, 2025-03-05; Binance, 2025-03-05). The volume of the transaction on the series also saw a 12 % increase to 1.5 million BTC, indicating active trading and accumulation (Cryptoquant, 2025-03-05). These technical indicators and size data indicate that the market is ready to achieve other possible gains, driven by anticipating the increase in the institutional adoption of bitcoin.

In the context of developments in artificial intelligence, there was no direct news related to the prosecution related to the CZ statement. However, the link between the artificial intelligence markets and the encrypted currency can be observed through the trading activity of the AI’s symbols. After a tweet, the distinctive symbols such as Singularitynet (AGIX) and Fetch.ai (Fet) witnessed the increase in trading sizes, as AGIX increased by 7 % to $ 0.55 and an increase of 6.5 % to $ 0.78 by 3:00 pm UTINECKO, 2025-03-05). The correlation coefficient between Bitcoin and Tho AI has risen from 0.4 to 0.6, indicating a stronger relationship driven by markets in the market (Cryptowatch, 2025-03-05). This indicates that investors are not only focused on Bitcoin but also exploring opportunities in the encrypted currencies associated with AI, which are likely to be driven by the wider optimism in the market. AI’s trading volume of these symbols increased by 15 % compared to the previous day, reflecting the increase in interest in the AI-Crypto Cross (Kaiko, 2025-05-05). This analysis highlights the potential trading opportunities in the symbols associated with the Acting Persons between the upcoming feelings after the Chic Chic Stores warning about countries that accumulate bitcoin.