BitWise’s purchase signals of $ 24.5 million of Bitcoin Signs Corporation | Flash news details

On April 2, 2025, BitWise Asset Management took a big step in the encrypted currency market by buying $ 24.5 million (BTC) (Source: @ROOPERCRC on X, April 2, 2025). This purchase occurred at a price of $ 65,000 per BTC, which led to about 377 BTC (Source: Coinmarketcap, April 2, 2025, 14:30 UTC). The deal was implemented at a time when the total market feelings were ascending, as the Bitcoin price increased by 3.5 % in the past 24 hours (Source: TradingView, April 2, 2025, 14:00 UTC). Bitcoin trading volume witnessed the main stock exchanges such as Binance and Coinbase increased by 15 % higher than the daily average, reaching $ 28 billion in the same period (Source: Coingecko, 2 April 2025, 14:30 UTC). This step by BitWise, a well -known institutional player, indicates strong confidence in the future Bitcoin value and can be a provision for more institutional investments in the coded currency area.

The immediate trading effects to buy BitWise were clear on the market. After advertising, the Bitcoin price rose to $ 6,200 in 30 minutes, an increase of 2 % over the purchase price (Source: CoINDESK, April 2, 2025, 15:00 UTC). This rapid price movement was accompanied by a significant increase in trading volume through multiple commercial pairs, including BTC/USD, BTC/ETH and BTC/USDT. The BTC/USD pair has seen an increase in the size of 20 % to 18 billion dollars, while the BTC/ETH and BTC/USDT pairs have seen an increase in the size of 12 % and 15 %, respectively (Source: CryptocCOSPARE, April 2, 2025, 15:30 UTC). The scales on the chain also reflected an increased activity, with an increase in the number of active Bitcoin addresses by 5 % to 1.2 million (Source: Glassnode, April 2, 2025, 15:00:00 UTC). This increase in the activity indicates that the purchase of BitWise not only affects the price of Bitcoin, but also stimulated the participation of the wider market.

From the perspective of technical analysis, the BITCOIN price show showed a clear bullish trend. Bitcoin RSI increased from 65 to 72, indicating conditions at the peak of purchase but also strong purchase pressure (Source: TradingView 2, 2025, 16:00 UTC). The average average divergence (MACD) also confirmed the bullish direction, with the MacD line crossing the top line at 15:30 UTC (Source: TradingView, 2 April 2025, 15:30 UTC). Bitcoin trading remained high, with an average of $ 26 billion per hour in the hours that followed the purchase (Source: Coingecko, April 2, 2025, 16:00 UTC). These technical indicators, in addition to increasing trading volume, indicate that the market is ready for more progressive movement in the short term. The scales on the chain support this view, with a 3 % Bitcoin retail rate increased to 250 EH/S, indicating strong network security and mining confidence (Source: Blockchain.com, April 2, 2025, 16:00 UTC).

Regarding AI’s news, Amnesty International’s direct developments were not reported on the same day on which BitWise is purchased. However, the broader market morale can be observed by the progress of artificial intelligence by performing the symbols associated with the prosecution. For example, Singulartynet (AGIX) and Fetch.ai (Fet) witnessed a 4 % and 3 % increase in price, respectively, on April 2, 2025, after positive feelings about artificial intelligence techniques (Source: Coinmarkcap, April 2, 2025, 16:00 UTC). The relationship between these distinctive AI and the Bitcoin price movement was clear, with the Pearson correlation coefficient of 0.65 between BTC and Agix, and 0.60 between BTC and Fet (Source: Cryptoquant, April 2, 2025, 16:00 UTC). This indicates that positive developments in the artificial intelligence sector can affect the broader encryption market, including bitcoin. Traders can think about taking advantage of this link by monitoring artificial intelligence news and adjusting their Bitcoin trading strategies accordingly. In addition, AI’s trading volumes for Bitcoin increased by 10 % on April 2, 2025, indicating that artificial intelligence algorithms respond actively to market movements (Source: Kaiko, April 2, 2025, 16:00 UTC). This offers possible trading opportunities in Crompto Crossover, where merchants can use visions that AI move to improve their commercial decisions.