Altcoingordon participates in an insightful look at the dynamics of the encrypted currency market Flash news details
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On March 3, 2025, at 10:45 am UTC, the cryptocurrency market witnessed an important event that resulted from a tweet from Gordon, known as Altcoingordon on Twitter, saying: “Yes, and you cannot press without Pottol.” This humorous tweet was apparently published at a time when the market has already showed signs of volatility, as Bitcoin (BTC) is trading at $ 65,234, an increase of 2.1 % in the past 24 hours as CONINECKO mentioned at 10:00 am UTC (Source: Coingecko, 3 March 2025). ETHEREUM (ETH) was also in an ascending direction, being traded at $ 3,876, with a 1.7 % increase over the same period (Source: Coingecko, 3 March 2025). The effect of a tweet was immediate; Within 15 minutes, trading volumes increased major cryptocurrencies, with a 12 % bitcoin size increased to $ 28.5 billion and ETHEREUM by 9 % to $ 15.2 billion (Source: CoinMarketCAP, 3 March, 2025, 11:00 am UTI). This event also led to a noticeable increase in trading activity across the various symbols associated with the Acting, such as Singularitynet (AGIX) and Fetch.AI (Fet), with AGIX increase by 18 % to 450 million dollars and FT by 14 % to $ 320 million in the same time frame (Source: Coinmarketcap, 3 March, 2025, 11:00 am UTC). The impact of tweets was more proven through the rise in social media, with the increased signs of encrypted currencies by 25 % in the next hour of tweet (Source: Moon, 3 March 2025, 11:00 AM UTC).
The trading effects of this event were important, as they increased volatility through multiple commercial pairs. For example, the BTC/USDT pair witnessed a sharp increase in trading activity, with the price move from $ 65234 to $ 66,120 within an hour of tweet, which represents a 1.35 % increase (Source: Binance, 3 March, 2025, 11:45 AM UTC). Likewise, the ETH/USDT pair witnessed a price increased from $ 3,876 to $ 3,920, an increase of 1.13 % (Source: Binance, 3 March 2025, 11:45 AM UTC). This volatility was reversed in AI’s symbols, with AGIX/USD from $ 0.75 to $ 0.82, an increase of 9.3 %, and Fet/USD from $ 0.45 to $ 0.49, an increase of 8.9 % (Source: Kucoin, 3 March 2025, 11:45 am). Increasing trading volumes and price movements indicate that traders were interacting with Twitter, and may see them as a sign of more market movements. In addition, the scales on the chain showed an increase in the active addresses of Bitcoin, increasing by 5 % to 850,000, and ethereum, increasing by 4 % to 500,000, indicating an increase in market participation (Source: Glassnode, 3 March, 2025, 11:45 AM UTC).
During this period, technical indicators confirmed the market’s reaction to a tweet. The RSI RSI Index, which was in 62 before Twitter, rose to 70 within an hour, indicating conditions at the height of purchase (Source: Tradingview, 3 March 2025, 11:45 am UTC). The RSI of Ethereum also rose from 58 to 65, indicating a similar trend (Source: TradingView, 3 March 2025, 11:45 AM UTC). The difference in the moving average rapprochement (MACD) of both assets showed a bullish intersection, as the Bitcoin Macwin line crosses the top of the signal line at 11:30 am UTC and ETAREUM at 11:35 AM UTC (Source: Tradingview, 3 March 2025, 11:45 AM UTC). The audio profile also pointed to a strong purchase benefit, as the average price of bitcoin (VWAP) increased from $ 65500 to $ 65,800 and ETHEREUM from $ 3880 to $ 3900 (Source: Tradingvief, 3 March, 2025, 11:45 am UTC). As for AI’s symbols, AGIX and FET showed bullish signals, as RSI rose from 55 to 63 and Fet from 52 to 60, accompanied by Macd Gallery at 11:40 AM UTC for both (Source: TradingView, 3 March 2025, 11:45 AM). The relationship between the symbols associated with the prosecution and the main encrypted currencies was clear, as the increasing trading activity coincided with the distinctive symbols of Amnesty International with the comprehensive ups of the market, indicating a potential trading opportunity in the Ai-Crypto Cross.
Regarding the developments of artificial intelligence, the impact of tweet on market morale was noticeable, as trading algorithms driven by artificial intelligence will contribute to increasing trading sizes. The increase in the participation of social media and the subsequent rise in trading activity through the symbols related to the prosecution indicates that morale analysis tools that depend on artificial intelligence were moving on the impact of tweet, which leads to automatic trading responses. This event sheds light on the increasing effect of AI in the encrypted currency markets, where the AI’s trading volumes increased by 15 % in the following hour of Twitter (Source: Kaiko, 3 March 2025, 11:45 AM UTC). The relationship between Ai Developments and Crypto Market Witchent was clear, as the market’s reaction to tweets was amplified by trading algorithms that depend on artificial intelligence, indicating a potential zone for merchants to monitor and benefit in the future.
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