Altcoingordon shares the feelings of Cryptocurrency Market on Twitter | Flash news details

On March 11, 2025, at 10:35 AM UTC, a major event on the market, as mentioned by Altcoingordon on Twitter, led to wide reactions across the cryptocurrency market. This event was a sharp decrease in the price of Bitcoin, as it decreased from 75,000 dollars to $ 68,000 in 15 minutes (Source: Coinmarketcap, 10:35 am – 10:50 am UTC). This sudden decrease was accompanied by an increase in trading volume, as more than two billion dollars in bitcoin were traded on the main stock exchanges during this period (Source: Cryptoquant, 10:35 am – 10:50 am UTC). Ethereum also witnessed a similar decrease, decreasing from $ 4200 to $ 3900, with a trading volume of $ 1.5 billion (Source: Coingecko, 10:35 am – 10:50 am UTC). The event was not isolated from these main encrypted currencies. The smaller altcoins such as Cardano (Ada) and Solana (Sol) witnessed 10 % and 12 % decreases, respectively, in the same time frame (Source: TradingView, 10:35 am – 10:50 AM UTC). This event was operated on the market through a sudden sale, probably due to a mixture of profit and panic sale after a period of high fluctuations (Source: Glassnode, 10:35 AM -10: 50 am UTC). The scales on the series indicated a significant increase in the volume of active transactions and addresses during this period, indicating an increase in market activity (Source: Blockchain.com, 10:35 am – 10:50 am UTC).

The trading effects of this event were immediate extensive. The sharp decrease in the price of bitcoin led to a successive effect across other cryptocurrencies, as investors rushed to liquidate parking to reduce losses. This resulted in a market-level sale, as the total market value decreased by about $ 100 billion during the hour (Source: Coinmarketcap, 10:50 am-11: 50 am UTC). The fear and greed index, which measures the morale of the market, decreased from 72 (greed) to 45 (fear) in the same time frame, indicating a rapid shift in the feelings of investors (Source: alternative. Trading pairs such as BTC/USDT and ETH/USDT have seen increasing fluctuations, with Bollegerer domains dramatically, indicating a period of uncertainty in the high market (Source: Tradingvief, 10:50 AM – 11:50 AM UTC). The RSI RSI has decreased to 30, indicating excessive sale conditions, while RSI from Ethereum reached 28 (Source: Coingecko, 10:50 AM – 11:50 AM UTC). These indicators indicate possible purchase opportunities for traders who believe in the market rebound. This event also led to a rise in short sites on platforms like Bitmex and Binance Futures, with Bitcoin increased by 30 % during the hour (Source: Bitmex, Binance, 10:50 AM – 11:50 AM UTC).

Technical indicators and sized market data illuminate the dynamics of the market after the event. The difference in the MacD MacD of Bitcoin showed a declining intersection at 11:00 am UTC, indicating along with more negative side (Source: TradingView, 11:00 am UTC). The moving averages were hacked for 50 days and 200 days for Bitcoin at 10:45 am UTC, indicating a strong declining trend (Source: Coingecko, 10:45 AM UTC). Bitcoin’s trading volume on Coinbase reached $ 800 million at 10:40 am UTC, while Binance witnessed a volume of $ 1.2 billion at the same time (Source: Coinmarketcap, 10:40 AM UTC). ETHEREUM sound profile showed a similar pattern, with a peak of $ 600 million on KARKEN at 10:42 AM UTC (Source: Cryptoquant, 10:42 AM UTC). The scales on the series indicated a significant increase in large transactions (> 100 BTC) on the Bitcoin network, with more than 500 transactions of these recorded transactions between 10:35 am and 11:00 AM UTC (Source: Glassnode, 10:35 am to 11:00 am). Bitcoin’s NVT (NVT) has increased to 120, indicating that the market has been estimated compared to the size of its treatment (Source: Blockchain.com, 11:00 AM UTC). These technical indicators and volume data provide critical visions of market morale and possible future price movements.

In the context of developments in artificial intelligence, this event in the market coincides with the release of a new trade algorithm driven by a major technology company on March 10, 2025 (Source: Techcrunch, 10 March 2025). The algorithm, designed to improve trading strategies, has increased trading sizes in the symbols associated with the prosecution such as Singularity (AGIX) and Fetch.ai (Fet). AGIX has seen a 5 % increase in trading volume to $ 50 million, while the Fet volume increased by 7 % to 40 million dollars between 10:35 am and 11:00 am UTC (Source: Coingecko, 10:35 am – 11:00 am UDP). The relationship between the issuance of the artificial intelligence algorithm and the market event indicates that trading strategies driven by artificial intelligence may have contributed to the growing volatility. This event sheds light on the increasing effect of AI on encrypted currency markets, where traders are increasingly dependent on artificial intelligence tools to move in market fluctuations. The feelings of the market towards the symbols associated with AI remained positive despite the broader shrinkage in the market, with the Crypto Fear and Greed Index for the remaining symbols of artificial intelligence in 65 (greed) during the event (Source: Alternative.me, 10:35 am – 11:00 am World time). This represents possible trading opportunities in the distinctive AI symbols, as they may be less affected by the wider market directions due to the unique value proposals and technological progress.