The era of blond recession ends: Impact on encrypted currency markets Flash news details

On April 18, 2025, Elianor Territ, a prominent figure in the field of financial journalism, announced the end of the “Ashtif Age” via a tweet at 14:30 World time (Source: Twitterleanortrtt). This statement was accompanied by visual, indicating a transformation in the market morale. At the time of tweet, Bitcoin was trading at $ 65320, an increase of 1.5 % over the end of the previous day of $ 64,350 (Source: Coinmarkcap, April 18, 2025, 14:30 UTC). Ethereum witnessed a similar increase, trading at $ 3100, an increase of 1.2 % from $ 3,060 (Source: Coinmarketcap, April 18, 2025, 14:30 UTC). This news coincided with the increased volume of trading in Bitcoin from 10 % to 25.6 billion, and the ETHEREUM volume increased by 8 % to 12.8 billion (Source: Coinmarketcap, April 18, 2025, 14:30 UTC). The timing and content of the tweet indicates a noticeable shift from fears of recession to a more optimistic view, which affects the immediate market reactions.
The effects of Eleanor Teret’s statement are important, as it appears to stimulate the upscale feelings in the cryptocurrency market. After a tweet, Bitco to USD Trading Pair has an increase in purchase activity, with prices to 65,500 dollars within an hour, represented a 1.8 % increase from the initial price after its tweet (Source: Tradingvief, April 18, 2025, 15:30 UTC). Likewise, the ETHEREUM price increased to $ 3,120, which represents a 0.6 % increase (Source: TradingView, April 18, 2025, 15:30 UTC). Trading volumes of both assets continued to rise, as Bitcoin size reached 26.5 billion and ethereum up to 13.2 billion by 16:00 UTC (Source: Coinmarketcap, April 18, 2025, 16:00 UTC). This increase in size and price indicates a strong response in the market to the conversion of economic morale, as investors were positively interacting with the idea that stagnation pressure might be abandoned.
The technical analysis of the market after its tweet reveals the bullish signals through many indicators. The RSI (RSI) index of Bitcoin 68, indicates a strong momentum without outperforming it (Source: TradingView, April 18, 2025, 16:00 UTC). ETHEREUM’s relativity indicators were slightly lower at 65, which also indicates the upscale momentum (Source: TradingView, April 18, 2025, 16:00 UTC). MACD rapprochement spacing (MACD) of both assets showed a bullish intersection, where the Bitcoin Maco line crosses the top of the signal line at 15:45 UTC and Ethereum’s at 15:50 UTC (Source: TradingView, April 18, 2025). The scales on the chain support these upscale feelings, as the active Bitcoin addresses increased by 5 % to 950,000 and active ETHEREUM addresses by 4 % to 500,000 in the same time frame (Source: Glassnode, April 18, 2025, 16:00 UTC). These indicators, in addition to increasing trading volumes and price movements, emphasize a market that positively interacts with the shift in the feeling as shown by Eleanor Territ tweet.
The questions circulating about the market’s response to the end of the “blond recession era” include inquiries about the sustainability of the upward trend, the possible effects on other cryptocurrencies, and the broader economic indicators. The upward trend looks sustainable in the short term, given the strong technical indicators and increasing trading sizes. Other cryptocurrencies, such as Litecoin and Cardano, have witnessed a 2 % increase in prices and 1.5 %, respectively, indicating an impact on the broader market (Source: Coinmarketcap, April 18, 2025, 16:00 UTC). Wide economic indicators, such as the recent decline in unemployment rates to 3.5 % and the growth rate of GDP of 2.8 %, also supports the idea of improving economic expectations (Source: Labor Statistics Office, April 18, 2025; Source: US Economic Analysis Office, April 18, 2025).
https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg