BlockChain News

SEC launches the “encryption business squad” to monitor encrypted currency markets Flash news details

On February 4, 2025, the US Securities and Stock Exchange Committee (SEC) announced the launch of the designated “Cryxal Band”, which represents a major step in the organizational supervision of the encrypted currency market (Source: The Kobeissi Letter, Twitter, February 4, 2025). It was announced at 10:00 am EST, and during the first hour, the news led to immediate reactions across the various cryptocurrencies. Bitcoin (BTC) witnessed a sharp decrease of 3.5 %, decreasing from $ 45,000 to $ 43,425 by 10:30 am US ES (Source: CoinMarketcap, 4 February 2025). Ethereum (ETH) followed its example, as it decreased by 2.8 % to $ 2,850 from $ 2,930 during the same time frame (Source: Coingecko, 4 February, 2025). The advertisement also affected the smaller altcoins, as Ripple (XRP) decreased by 4.2 % to $ 0.75 and Cardano (ADA) decreased by 3.9 % to $ 0.40 by 11:00 a.m. EST (Source: TradingView, 4 February, 2025) . The total market value decreased by about $ 50 billion in the first two hours of the announcement (Source: Coinmarketcap, 4 February 2025). Trading volumes increased dramatically, with Bitcoin’s volume increased from 12.5 billion to 18.2 billion within the first hour, and the ETHEREUM volume increased from 7.8 billion to 11.5 billion (Source: Coingecko, 4 February 2025). This volatility emphasizes the market sensitivity to organizational news and the possibility of increasing future scrutiny.

The launch of the SEC CRYPTO team has immediate effects on trading strategies and market morale. Traders must expect to increase the volatility and organizational scrutiny, which may lead to more price fluctuations. The sharp decrease in bitcoin and ethereum prices indicates the presence of enormous feelings among investors, which are likely to be driven by fears of the tougher regulations. Increased trading volume, with a 45.6 % bitcoin and ethereum increased by 47.4 % during the first hour, rushing out of sites or hedging against a potential organizational campaign (Source: Coingecko, 4 February 2025). The impact on Altcoins such as XRP and Ada, with significant declines in their prices, indicates a wider market reaction. Traders in short -term landing strategies, such as open -purchasing or purchase, may consider taking advantage of the declining direction. However, increased volatility also offers opportunities for those who can effectively navigate the market. For example, the BTC/USD trading pair witnessed an increase in trading volume from 15.2 billion to 22.5 billion, indicating an increase in bitcoin price movements (Source: Binance, 4 February 2025). Likewise, the size of the ETH/USD pair increased from 8.5 billion to 12.8 billion, which reflects a similar trend for ETHEREUM (Source: Coinbase, February 4, 2025).

Technical indicators provide more insight into the market’s reaction to the SEC Declaration. The RSI of Bitcoin decreased from 65 to 45 in the first hour, indicating a shift from the peak of purchase to a neutral area, indicating the possibility of more from the negative side (Source: Tradingvief, 4 February 2025). The RSI of ETHEREUM also decreased from 60 to 40, indicating a similar trend (Source: Tradingview, 4 February 2025). The difference in the MACD (MACD) has shown both BTC and ETH downward signals, crossing the MACD line below the signal line at 10:45 AM EST, which enhances the declining feelings (Source: Tradingvief, 4 February, 2025). The scales on the chain support this analysis, with a 10 % active bitcoin addresses to 850,000, and active ETHEREUM addresses decrease by 8 % to 500,000 in the first two hours of advertising (Source: Glassnode, 4 February, 2025). The decrease in active headlines indicates a decrease in the network activity, which can be attributed to the invested caution amid organizational uncertainty. In addition, Bitcoin, a scale of network security, remained stable at 200 EH/S, indicating that miners have not yet interacted with the news (Source: Blockchain.com, February 4, 2025). These technical and objective indicators collectively indicate declining expectations for the direct future, as traders advised to closely monitor these standards for possible trading opportunities.

Regarding the developments of artificial intelligence and its relationship with the encrypted currency market, the SEC Declaration did not directly affect the symbols associated with AI, such as Singularity (AGIX) or Fetch.AI (Fet). However, the transformation of the market morale indirectly affects these symbols. As of 11:00 a.m. EST, AGIX saw a decrease of 2.5 % to $ 0.50, while FET decreased by 3.0 % to $ 0.35 (Source: Coinmarketcap, 4 February 2025). The relationship between artificial intelligence symbols and major cryptocurrencies such as Bitcoin and ETHEREUM remains strong, with Person’s connection coefficient 0.75 between AGIX and BTC, and 0.70 between FET and ETH over the past 24 hours (Source: CryptocCOSPARE, February 4, 2025). This indicates that the movements in the main cryptocurrencies can affect the symbols of artificial intelligence, and vice versa. Traders must closely monitor these links, as potential trading opportunities may arise in the symbols associated with on behalf of artificial intelligence if the market is stabilized or counterattacks. Moreover, AI’s trading volumes did not show significant changes in response to the SEC Declaration, while maintaining artificial intelligence trading algorithms their usual activity levels (Source: Kaiko, 4 February 2025). This stability in AI’s trading volumes indicates that these algorithms have not yet interacted with organizational news, but traders must remain vigilant for any transformations that can indicate new trading opportunities in the area of ​​AI-Crypto balls.

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