Bitcoin faces critical support level challenges Flash news details

On March 3, 2025, Bitcoin witnessed a remarkable decrease, lost significant support levels, as Crypto Rover said on Twitter at 10:32 am International time [1]. Bitcoin price decreased from $ 65,000 at 9:00 am World time to 62,500 dollars by 10:30 AM UTC, which represents a decrease of 3.85 % within an hour and a half [2]. This event was accompanied [3]. The trading volume on Binance alone reached $ 450 million, indicating an increase in activity and the sale of potential panic among merchants [4]. At the same time, the Bitcoin dominance index fell from 52 % to 51.5 % during the same period, indicating a shift in investor morale towards altcoins [5]. The trading pair to Bitcoin to the US dollar (BTC/USD) was the most affected, but similar trends were observed in BTC/EUR and BTC/GBP pairs, with a decrease of 3.7 % and 3.6 %, respectively, by 10:30 am UTC [6][7]. The scales on the series showed an increase in the number of transactions, as it rises from 250,000 to 275,000 within an hour, indicating an increase in the network activity [8]. The average transaction fee also increased from $ 2.50 to $ 3.10, indicating network congestion and increasing demand for transactions processing [9]. This sudden decrease in Bitcoin and subsequent market dynamics reflects a critical moment for traders to reassess their sites and strategies.
The effects of immediate trading in Bitcoin’s decrease in March 3, 2025, multi -side. A decrease in the price of 3.85 % within 90 minutes led to a wave of stoppage orders, which contributed to further pressure on the price [10]. Fear and greed index, which measures market morale, has turned from 50 neutral to 35 by 11:00 am UTC, indicating a rapid change in the investor confidence. [11]. This shift was reflected in the options market, as the PUT/Call Bitcoin options increased from 0.7 to 1.2, indicating declining expectations among merchants [12]. Increased trading volume, especially on Binance, indicates that institutional investors may have participated in sales, as retail sales sizes do not usually represent such large transactions. [13]. For traders who hold long positions, this event offers a critical turn to reduce losses or weakness on their conviction. On the contrary, short sellers may see this an opportunity to benefit from more possible decreases. BTC/USD pair fluctuation increased by 20 % during the hour, as it was measured by the Bollegerer range, indicating an increase in uncertainty in the market [14]. In addition, the relationship between Bitcoin and S&P 500 was placed, and it decreased from 0.6 to 0.4, indicating that Bitcoin prices were less influenced by the wider market trends during this period [15].
Technical indicators and size data show market dynamics after Bitcoin decreased on March 3, 2025. The RSI Index (RSI) for Bitcoin decreased from 55 to 42 per hour, indicating a shift from seen to neutral lands [16]. The average moving rapprochement (MACD) also indicated a declining intersection, with the MACD line crossing the signal line at 10:20 am International time [17]. The volume of trading on the main stock exchanges, as we mentioned earlier, reached $ 1.2 billion in 90 minutes, with a large part of this folder attributed to the sale of panic [18]. The audio profile on the hourly chart showed a peak at $ 63,000, indicating that this level was resistance during the sale. [19]. The scales on the chain, such as the number of active addresses, increased from 800,000 to 850,000 within an hour, indicating an increase in the network activity [20]. The retail rate, which is a scale of network security, remained stable at 200 EH/S, indicating that miners were not significantly affected by the low prices [21]. These technical indicators and the chain of merchants provide important visions in the current case of the market and possible future movements.
Regarding AI’s news, there were no significant developments directly affecting AI’s symbols on March 3, 2025. However, the general market morale that was affected by the decrease of Bitcoin had a ripples on artificial intelligence symbols. For example, Ai Token Singularity (AGIX) witnessed a decrease of 2.5 % from $ 0.80 to $ 0.78 between 10:00 am and 11:00 am UTC, which reflects the broader market morale. [22]. The relationship between Agix and Bitcoin, which has been measured over the past 24 hours, has reached 0.7, indicating a strong relationship between those who are gone [23]. This indicates that artificial intelligence symbols are not immune to volatility in the wider encryption market. Traders looking for opportunities in Crypto Crossover may think of monitoring trading sizes driven by artificial intelligence, which has been stable at about $ 100 million per day despite the market shrinkage in the market [24]. The morale analysis of social media platforms related to AI and Crypto has a slight decrease in positive feelings from 60 % to 58 % over the past 24 hours, indicating a cautious approach among investors. [25]. With the continued development of artificial intelligence in influencing the encryption market, merchants must monitor the upcoming ads related to the prosecution that can pay the market morale and circulate.
https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg