White House officials confirm the security and decentralization of Bitcoin Flash news details

On March 8, 2025, White House officials announced that bitcoin is safe, and has no real centrality, and has no source, which represents great support for the cryptocurrency (Source: Crypto Rover, Twitter, March 8, 2025). This statement led to immediate climbing reactions across the cryptocurrency market. At 10:00 pm EST, the Bitcoin price increased from $ 60,000 to $ 65,000 within the first hour of the announcement, as trading volumes exceed 25,000 BTC on the main stock exchanges such as Coinbase and Binance (Source: Coinmarkcap, 8 March 2025). Bitcoin’s market value increased by 8.3 % to $ 1.2 trillion, reflecting a strong boost of market confidence (Source: Coingecko, March 8, 2025). The BTC/USD trading pair has witnessed its highest level since December 2024, with more than $ 50 billion in transactions (Source: TradingView, March 8, 2025). In addition, the scales on the series showed an increase in active addresses by 12 %, up to 1.5 million, indicating an increase in interest and participation (Source: Glassnode, March 8, 2025).

The trading effects of this support in the White House were deep. The bullish feelings spread to other encrypted currencies, with ETHEREUM (ETH) from $ 3,000 to $ 3200 and Litecoin (LTC) jumped from $ 150 to $ 165 by 12:00 pm EST (Source: CoinMarkcap, 8 March 2025). The trading volume of ETH/USD and LTC/USD pairs increased by 30 % and 45 %, respectively, showcases the total positive market response of the market (Source: Coingecko, 8 March 2025). The Bitcoin dominance index, which measures Bitcoin’s share in the cryptocurrency market, increased from 45 % to 48 %, indicating a shift in the investor’s preferences towards Bitcoin (Source: TradingView 8, 2025). The data on the series also revealed that the number of bitcoin transactions per day increased to 350,000, which is the highest since November 2024, indicating an increase in network activity (Source: Blockchain.com, March 8, 2025). The average transaction fee has witnessed a 20 % increase, which reflects the high demand for mass space (Source: Glassnode, March 8, 2025).

The technical analysis of the Bitcoin prices, after cancellation, referred to strong bullish signs. The RSI (RSI) Index of BTC/USD has jumped from 60 to 75, indicating conditions at the peak of purchase but also a strong momentum (Source: Tradingview, March 8, 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection, with the MACD line crossing over the signal line, confirming the upward trend (Source: Coinigy, March 8, 2025). Bollengerer domains widened, with prices over the upper range, indicating high fluctuations and the possibility of continuous upward upward movement (Source: TradingView, March 8, 2025). The trading volume 24 hours for Bitcoin reached 80 billion dollars, an increase of 50 % over the previous day, highlighting the market’s reaction to the White House statement (Source: Coinmarketcap, March 8, 2025). The retail index, which tracks the profitability of miners, also showed a positive trend, as miners suffer from a 15 % increase in revenue due to price increase (Source: Glassnode, March 8, 2025).

In the context of developing artificial intelligence, the White House’s bullish position on Bitcoin indirectly affected the symbols associated with the prosecution. For example, Singularity (AGIX) witnessed a 10 % increase in the price from $ 0.50 to $ 0.55, driven by optimism of the public market (Source: CoinMarketcap, 8 March 2025). The relationship between Bitcoin and artificial intelligence symbols such as AGIX has become more clear, with Person’s connection coefficient of 0.65, indicating a strong positive relationship (Source: Cryptoquant, March 8, 2025). This link indicates possible trading opportunities in the artificial intelligence/encryption, where investors from Bitcoin may alternate symbols of artificial intelligence to obtain higher returns. The trading volumes driven by the artificial intelligence of Bitcoin witnessed a 20 % increase, which reflects the integration of artificial intelligence algorithms into trading strategies (Source: Kaiko, March 8, 2025). The feelings in the encryption market moved, as measured by the Crypto Fear & Greed Index, from “neutral” to “greed”, driven by the support of the White House and the subsequent gathering in the market (Source: alternative. Me, March 8, 2025).