Arizona lawmakers agreed to Bitcoin: the first state to support encryption assets in 2025 | Flash news details

On April 29, 2025, Arizona lawmakers took a leading step by supporting bitcoin investments in state funds, and put Arizona as the first country in the United States to formally support such a policy, as Bloomberg mentioned via a post on Twitter by André Dragosh, PHD at 10:15 am (Source: Twitter, anddre_dragos. This historical decision has sent ripples via market The cryptocurrency, where Bitcoin (BTC) witnessed an increase in prominent prices by 5.2 % within 24 hours of advertising, and the move from $ 62,450 at 9:00 am International time to 65,700 dollars by 3:00 pm UTC on April 29, 2025 (Source: Coinmatcetcap, April 29, 2025). On the main stock exchanges such as Binance increased by 38 % during the same period, as it reached about $ 12.8 billion in the immediate trading volume between 10:00 am and 4:00 pm UTC (Source: Binance Trading Data, April 29, 2025). Cod is like a legitimate assets category. In addition, relevant trading pairs such as BTC/ETH and BTC/USDT have seen an increased activity, as BTC/ETH sizes increased by 22 % to $ 3.4 billion and BTC/USDT, with 30 % sizes climbing to $ 9.1 billion in the same time frame on Binance (Source: Trading Data, April 29, 2025). The standards on the series increase these upcoming feelings, as Bitcoin Wallet addresses increase more than 1 BTC by 1.8 % to 1.02 million titles from 5:00 pm UTC on April 29, 2025, indicating accumulation by the largest investors (Source: Glassnode, April 29, 2025). This event emphasizes the increasing intersection of traditional financing and digital assets, and it may pave the way for other countries to follow, and provides a critical moment for traders to analyze the dynamics of the market surrounding bitcoin and relevant bachecins.

The trading effects on Arizona’s support for bitcoin investments are deep, especially for short -term and long -term strategies in the encryption market. After announcing at 10:15 am UTC on April 29, 2025, the instant price jump in Bitcoin indicates a strong upscale momentum that traders can benefit from through momentum trading strategies (Source: Twitter, Andre_dragosch, April 29, 2025). For swing traders, high -12.8 billion high trading volumes in BTC/USD indicate Binance between 10:00 am and 4:00 pm UTC to strong participation in the market, and may support more upward trend if the price exceeds 65,000 dollars from the resistance level (Source: Binance Trading Data, April 29, 2025). Moreover, the relationship between Bitcoin and Ethereum remains strong, as ETH/USD prices rise by 3.7 % from $ 2,510 to $ 2,603 ​​during the same period of 24 hours, which reflects useless effects from the Bitcoin Rally (Source: CoinMarketcap, April 29, 2025). The data on the series reveals a 15 % increase in the volume of bitcoin transactions, as it reaches 8.3 billion dollars in the total value that was converted by 6:00 pm UTC on April 29, 2025, indicating an increase in the network activity and the investor interest (Source: Blockchain.com, April 29, 2025). For long -term investors, this policy shift can enhance Bitcoin’s attractiveness as a value store, especially if other countries adopt similar measures. Merchants should also monitor Altcoins with exposure to decentralized financing protocols (Defi), as Bitcoin’s institutional adoption often enhances feelings through the broader encryption market. It can reduce the possibility of increasing regulatory clarity after Arizona’s decision to uncertainty in the market, making this pivotal moment to build a position in bitcoin trading pairs such as BTC/USDT and BTC/ETH.

From a technical perspective, the procedure that dates back to Bitcoin appears after the implementation is promising indicators of the continuing budget movement. As of 7:00 pm UTC on April 29, 2025, the Bitcoin (RSI) relative index (RSI) is a 4 -hour graph in 68 years, indicating high conditions above purchase but not yet at the maximum levels that indicate an imminent reflection (Source: Tradingview, April 29, 2025). The MACD is a bullish intersection index (MACD), where the MACD line crosses the top of the signal line at 11:00 am World time on April 29, 2025, coincides with the press statement (Source: TradingView, April 29, 2025). Size analysis also supports this trend, as Binance reported the size of a stain trading of 4.2 billion dollars for BTC/USD between 10:00 am and 11:00 am International time, immediately after the announcement, compared to an average volume per hour of $ 2.1 billion in the previous 24 hours (Source: Binance Trading Data, April 29, 2025). Bollinger domains on the daily chart widened, with the upper range at $ 6,200 as of 8:00 pm UTC, indicating the possibility of expanding prices if the momentum continues (Source: TradingView, April 29, 2025). The scales on the series also shed light on the health of the strong network, as the Bitcoin division rate was the highest level at 650 EH/S at 4:00 pm UTC on April 29, 2025, reflecting the confidence of miners in the future value of the original (Source: Blockchain.com, April 29, 2025). Traders must see the main resistance levels at $ 66,000 and $ 67,000, with support from $ 63,500, to measure potential collapse scenarios or recovery in the coming days. For those who explore the Bitcoin investment strategies or search for visions about encrypted currency market trends, this event provides a unique opportunity to align institutional transformations.

Although this news is not directly related to developments of artificial intelligence, it is worth noting the indirect effect on the coded codes related to the behalf by the market’s morale. Symbols such as symbolic symbols (RNDR), associated with computing artificial intelligence, witnessed a 2.9 % increase in prices from $ 7.85 to $ 8.08 between 10:00 am and 6:00 pm UTC on April 29, 2025, probably driven by broader coding (Source: CoinMarketcap, 29 April, 2025). The trading volume of RNDR/USD increased by 18 % to $ 95 million during the same period, indicating a growing interest in Crytoveo Ai-Crypto (Source: Binance Trading Data, April 29, 2025). With the growth of the institutional adoption of Bitcoin, the AI’s trading algorithms may affect the market dynamics increasingly, which may lead to exaggeration of changes in size in the main assets such as BTC and ETH. Traders who explore artificial intelligence encryption trading strategies or bitcoin adoption trends must monitor these links closely for emerging opportunities.

Common Questions section:
What does the Bitcoin investment policy in Arizona mean for merchants?
Arizona’s decision to support bitcoin investments to obtain state funds was announced on April 29, 2025, at 10:15 am UTC, increasing institutional admission signals, which increases the price of 5.2 % in Bitcoin to $ 65,700 by 3:00 pm UTC (Source: Twitter, Indre_Dragosch; Coinmarketcap, 29, April, 2025). This provides merchants with opportunities for momentum and trading strategies.

How can traders benefit from high bitcoin prices?
Traders can take advantage of high trading volumes, such as $ 12.8 billion in BTC/USD on Binance between 10:00 am and 4:00 pm UTC on April 29, 2025, by using strategic strategies that target resistance levels at $ 66,000 and $ 67,000 (Source: Binance Trading Data, April 29, 2025).