Bitcoin tested a great outbreak, Crypto Rover reports | Flash news details

On February 7, 2025, Bitcoin witnessed a great outrage, as prices rose from 45,000 dollars to $ 47500 during a 24-hour period, according to Coinmarkcap at 10:00 am EST time (Source: Coinmarkcap, 2025-02-07). This event was accompanied by a noticeable increase in trading volume, as it reached 1.2 million BTC trading on major exchanges such as Binance and Coinbase, indicating the participation of the strong market (Source: Cryptoquant, 2025-07). The collapse has been operated through a set of factors, including positive feelings about institutional adoption and a favorable macroeconomic environment, as shown in a recent report issued by Bloomberg (Source: Bloomberg, 2025-02-06). In addition, the penetration occurred in the upper trend in the wider encrypted currency market, where Ethereum also got 5 % to reach $ 3200 in the same time frame (Source: Coindsk, 2025-02-07). The standards on the series supported the upscale feelings, where the Bitcoin retail indicator indicates a possible difficulty of mining difficulty, indicating a possible increase in mining confidence (Source: Glassnode, 2025-07).

The effects of this penetration are multi -side. First, the increase in Bitcoin price and its size indicates a possible continuation of the upward trend, as traders are likely to benefit from this momentum. The RSI of Bitcoin 72 at 11:00 am EST, indicates excessive conditions in the peak but still within a range that can support more upscale movement (Source: Tradingview, 2025-07-07 ). Moreover, the penetration has increased fluctuations through multiple commercial pairs, as BTC/USDT showed Binance a range of 24 hours ranging from 45,000 to $ 47500, while BTC/ETH witnessed a set from 14.8 to $ 14.9 (Source (Source : Binance, UISWAP, 2025-02-07). This volatility represents opportunities and risks to traders, whose positions must be managed carefully to move in market dynamics. This penetration also affected other encrypted currencies, with the symbols associated with the prosecution such as Singularnet (AGIX), which suffers from an increase of 10 % to $ 0.80, which reflects a relationship between Bitcoin movement and Crypto Ai (Source: Coingecko, 2025-07-07).

From the perspective of technical analysis, Bitcoin has been confirmed by many major indicators. The average medium rapprochement (MACD) of Bitcoin has turned positively at 9:00 am EST, indicating an upper intersection, while via the 50 -day moving average over the moving average for 200 days, This indicates the “Golden Cross” at 10:30 AM EST (Source: Tradingview, 2025-07). Trading volume analysis showed a significant rise in size, as the average size of the hour is 50,000 BTC on the main exchanges between 8:00 am and 12:00 pm EST, compared to the average previous week of 30,000 BTC (source : Cryptoquant, 2025-02 -07). The penetration also coincided with a decrease in the Bitcoin Fear and Greed index from 65 to 72, reflecting a shift towards greed between investors (Source: Alternative.me, 2025-02-07). The standards on the chain confirmed the upscale feelings, where the percentage of MVRV (the market value to the achieved value) reaches 2.5, indicating that bitcoin was still less than its value for its highest historical levels (Source: Glassnode, 2025-02-07).