BlockChain News

Possible Bitcoin Rally: The effect of customs tariff news or federal reserves on encrypted currency markets | Flash news details

On April 18, 2025, Crypto Rover, a noticeable figure in the cryptocurrency community, is about the possibility of a large gathering in Bitcoin resulting from a positive address from the Federal Reserve or with regard to definitions (Crypto Rover, Twitter, April 18, 2025). This statement reflects the market sensitivity to the total economic news. At the time of tweet, Bitcoin was trading at $ 67,450, indicating a slight increase of 0.5 % over the past 24 hours (Coinmarketcap, April 18, 2025, 10:00 am UTC). Bitcoin trading during this period was about 32.5 billion dollars, indicating a strong activity (CoinMarkcap, April 18, 2025, 10:00 am UTC). Besides Bitcoin, other major cryptocurrencies such as ETHEREUM and Ripple have seen movements, with ETHEREUM increased by 0.3 % to $ 3,150 and Ripple increased by 0.4 % to $ 0.89 (CoinMarketcap, April 18, 2025, 10:00 AM International time). The expectation of positive news from influential institutions such as the federal reserve or tariff advertisements indicates the possibility of increasing market fluctuations and the interest of the investor in bitcoin and relevant assets.

The effects of Crypto Rover are important, as they hinted at a possible increase in the price of Bitcoin due to external economic factors. After a tweet, the market witnessed an immediate increase in trading sizes, as the Bitcoin size jumped to $ 34.2 billion during the next hour (Coinmarketcap, April 18, 2025, 11:00 am UTC). This increase in size indicates that traders put themselves in anticipation of the gathering. Bitcoin to USD (BTC/USD) has shown a bullish trend, with a price of $ 6,7600 by 11:30 am International time (Coinmarketcap, April 18, 2025, 11:30 am UTC). In addition, the bitcoin trading pair to ETHEREUM (BTC/ETH) also witnessed a slight increase, with the transfer of 21.4 to 21.5 (Coinmarketca, April 18, 2025, 11:30 am UTC). The scales on the series supported these upscale feelings, with the number of active bitcoin addresses increased by 2 % to 950,000, indicating an increase in network activity (Glassnode, April 18, 2025, 11:00 am UTC). These standards indicate that traders actively participate with Bitcoin in anticipation of a possible gathering.

Technical indicators at the time of tweet presented more ideas about the market direction. The RSI of Bitcoin was in 68, indicating that the assets were close to the peak area of ​​purchase but still within the scope of the rise (TradingView, April 18, 2025, 10:00 am UTC). The difference in moving average rapprochement (MACD) showed a bullish intersection, with a MACD line crossing over the signal line, indicating a possible escalating momentum (TradingView, April 18, 2025, 10:00 am UTC). Bitcoin trading continued to rise, reaching $ 35.8 billion by 12:00 pm UTC, confirming more market interest in assets (Coinmarketcap, April 18, 2025, 12:00 pm UTC). Bolinger’s Bitcoin ranges expanded, indicating an increase in fluctuations and the possibility of large price movements (TradingView, April 18, 2025, 12:00 pm UTC). These technical indicators, in addition to the scales on the series and trading sizes, indicate that the market is ready for a possible conversion, as it alluded through the Crypto Rover tweet.

Related questions:
What effect can have a FED address or a positive tariff on the price of Bitcoin? A positive address from the federal reserve, or with regard to definitions, may increase investor confidence, which increases the demand for bitcoin and may push its price up. How can traders prepare for a potential Bitcoin? Traders can prepare by monitoring market indicators, adjusting their positions based on size and prices, and staying aware of the total economy news that can affect the encryption market.

https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button