And rumors China indicates the creation of the strategic Bitcoin reserves Flash news details

On March 2, 2025, rumors were distributed on social media platforms that indicate that China intends to create a Bitcoin Reserve in response to the American Bitcoin Reserve, and it was tweet by @robercrc (Source: Twitter, Rovercrc, 2 March 2025). After a tweet, Bitcoin (BTC) witnessed a big boom, as it jumped from $ 65,000 to $ 68,500 within 30 minutes, with a peak of $ 69,000 at 14:35 UTC (Source: Coinmarketcap, 2 March 2025). The BTC trading volume on the main stock exchanges such as Binance and Coinbase witnessed a sharp increase, as Binance recorded a volume of 25000 BTC circulated in the first hour after rumors (Source: Binance, 2 March 2025) and Coinbase. Rumors also affected other encrypted currencies, as ETHEREUM (ETH) increased from $ 3800 to $ 4000 and XRP from $ 0.85 to $ 0.92 in the same time frame (Source: Coinmarkcap, 2 March 2025).

Trading effects of these rumors are great. Bitcoin fluctuations, measured by the Bitcoin (BVC) fluctuations index, which rose from 50 to 75 per hour of tweet, indicates a significant increase in the uncertainty in the market (Source: BVL Index, 2 March 2025). BTC/USDT and BTC/ETH trading on Binance showed an increased activity, with BTC/USDT trading reached 50,000 BTC and BTC/ETH up to 12000 BTC circulated during the first hour (Source: Binance, 2 March 2025). The scales on the series also showed an increased activity, as the number of active bitcoin addresses increased by 15 % and the increase in the volume of treatment by 20 % in the wake of direct rumors (Source: Glassnode, 2 March 2025). This indicates that market participants interact strongly with the capabilities of the main geopolitical transformation in the cryptocurrency policy.

Technical indicators confirm the market’s reaction to rumors. The RSI (RSI) Index of Bitcoin jumped from 60 to 78, indicating excessive conditions in the peak and the possibility of correcting (Source: Tradingview, 2 March 2025). MacD also showed a bullish intersection, as the MACD line crosses over the signal line at 14:45 UTC, indicating a constant upwards in the short term (Source: Tradingvief, 2 March 2025). The trading volume of future bitcoin contracts increased on the Chicago commercial exchange (CME) by 30 % during the hour, indicating an institutional interest in the market reaction (Source: CME Group, 2 March 2025). The feelings of the overall market moved, as measured by the Crypto Fear & Greed Index, from “neutral” to “greed” at 15:00 UAE, which reflects the growing optimism between traders (Source: Alternative.me, 2 March 2025).

Regarding AI’s news, there was no direct relationship with rumors about the strategic Bitcoin reserves in China. However, AI’s trading algorithms such as 3commas and Cryptohopper showed a 10 % increase in trading volume during the first hour of rumors, indicating that artificial intelligence dealers also interact with market fluctuation (Source: 3commas, Cryptohopper, 2 March 2025). The symbols associated with the prosecution, such as Singularitynet (AGIX) and Fetch.ai (Fet), did not appear large price movements in the direct response of rumors, but their trading sizes increased by 5 % and 7 %, respectively, indicating that there is an indirect impact of the broader market reaction (Source: Coinmapercap, 2 March 25). Feelings analysis of the news related to the prosecution and social media did not show any direct impact on rumors, but the morale of the public market towards artificial intelligence and the encrypted intersection remained positive, with a 2 % increase in positive signals of artificial intelligence in the encryption space (Source: Lunarcrush, 2 March 2025).