Alabama Bell offers to allow investment in the country in Bitcoin Flash news details

On April 2, 2025, a pioneering draft law was presented in Alabama, allowing the state to invest in Bitcoin, which represents a major shift in state -level encryption policy (Source: Crypto Rover, Twitter, April 2, 2025). This legislative move was announced at 10:00 am EST, and immediately after the announcement, the Bitcoin price increased from $ 65,000 to $ 67,500 during the first hour, reflecting an increase of 3.85 % (Source: Coinmarkcap, April 2, 2025, 11:00 am EST). Bitcoin trading volume on the main stock exchanges such as Binance and Coinbase witnessed a sharp rise, as Binance reported an increase in size from 15000 BTC to 22000 BTC, and Coinbase from 8000 BTC to 12000 BTC in the same time frame (Source: Binance and Coinbase, April 2, 2025, 11:00 AM EST). This event not only highlights the increasing acceptance of encrypted currencies, but also emphasizes the potential impact of state level policies on market dynamics.

The entry of the draft law had immediate trading effects through multiple encoded currency pairs. BTC/USD pair has witnessed a significant increase in trading activity, with trading volume 24 hours to $ 45 billion, up from $ 38 billion in the previous day (Source: Coingecko, 2 April 2025, 12:00 pm EST). Likewise, the BTC/ETH pair witnessed an increase in size from 100,000 ETH to 130,000 ETH, indicating an increase in interest in Bitcoin for ETHEREUM (Source: Kaken, April 2, 2025, 12:00 pm East US time). The scales on the series support these upscale feelings, with the number of active bitcoin addresses increased by 15 % to 1.2 million within 24 hours of advertising (Source: Glassnode, 2 April 2025, 1:00 pm EST). This increase in the activity indicates a strong response in the market, which may indicate an increase in prices in the short term.

Technical indicators also reflect the bullish momentum after the introduction to the bill. Bitcoin RSI increased from 60 to 72 in the first two hours after implementation, indicating conditions at the peak of purchase but also a strong purchase pressure (Source: TradingView, 2 April 2025, 12:00 pm EST). The difference in moving average rapprochement (MACD) showed a bullish intersection, crossing the MACD line above the signal line at 11:30 am US EST, supports the bullish trend (Source: TradingView, April 2, 2025, 11:30 am US ES). In addition, the trading volume of future bitcoin contracts on the Chicago Commercial Stock Exchange (CME) increased by 20 %, from 5,000 contracts to 6000 contracts, indicating an institutional interest in market movement (Source: CME Group, April 2, 2025, 1:00 pm East US time). These technical signals, in addition to the size of the size, indicate that merchants should think about inserting long jobs on bitcoin, with close monitoring at potential resistance levels at $ 70,000.

Regarding the developments related to the prosecution, the news from Alabama did not directly affect the symbols of artificial intelligence such as Singularitynet (Agix) or Fetch.AI (Fet). However, the total market morale led by the budget news of Bitcoin led to a slight increase in trading volumes of these prosecution’s distinctive symbols. For example, AGIX has seen a 5 % increase in trading volume from 10 million icons to 10.5 million symbols during the first hour of the advertisement (Source: Coinmarkcap, 2 April 2025, 11:00 AM EST). This indicates a possible relationship between the main cryptocurrency news and the performance of the symbols associated with the Acting, as investors may diversify their portfolios across different sectors within the encryption market. Moreover, it is possible that the trading -based trading algorithms will contribute to increasing trading volumes that have been observed in various stock exchanges, as these systems interact with market morale changes in the actual time (Source: Kaiko, April 2, 2025, 12:00 pm East US time). Traders must closely monitor these distinctive AI, as they may provide additional trading opportunities in the wake of important market events such as Alabama’s bill.