Blackrock highlights the potential Bitcoin supply Flash news details

On March 4, 2025, Blackrock, a global investment management company that includes assets under the management of 11 trillion dollars, issued a statement via Post Crypto Rover’s X, indicating the shock of Bitcoin’s possible offer. According to the statement, if every millionaire in the United States requests its financial advisor to buy one Bitcoin, then there will be no enough supply to meet the demand. This claim was submitted at a time when the Bitcoin price was recorded at $ 65,000, according to Coindesk at 10:00 am on the same day (Coindsk, 4 March 2025). Bitcoin trading volume has been observed on the main stock exchanges such as Binance and Coinbase at 24,500 BTC and 18000 BTC, respectively, over the past 24 hours, indicating strong market activity (Binance, Coinbase, 4 March 2025). In addition, the Bitcoin dominance index reached 45 %, which reflects its large share in the maximum CRYPTO market (Coinmarketcap, 4 March 2025).

The effects of Blackrock’s statement are important for merchants. After the announcement, the Bitcoin price increased by 3.5 % during the first hour, reaching $ 67,250 at 11:00 am (Coinsk, 4 March 2025). This rapid increase was accompanied by a rise in trading volume, as Binance reported an additional 5000 BTC trading at the same watch (Binance, 4 March 2025). Bitcoin/USD trading pair on Coinbase showed an increasing volatility, with the breadth of Bollegerer, indicating higher fluctuations in prices in the near future (Coinbase, 4 March 2025). The BTC/ETH trading pair has also seen an increased activity, as the price ratio turned from 15.5 to 16.2 in two hours, indicating a relative bacilli reinforcement against Ethereum (Coinbase, 4 March 2025). The scales on the series revealed a significant increase in the active headlines, as it rises from 750,000 to 820,000 during the same period, indicating an increase in market participation (Glassnode, 4 March 2025).

Bitcoin’s technical analysis in this turn showed bullish signals. Bitcoin RSI (RSI) was 72 as of 12:00 pm EST, indicating excessive conditions in the peak but it is still within the range that may maintain more bullish momentum (Tradingvief, 4 March 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection, with the MACD line crossing over the signal line, supporting the upscale expectations (Tradingview, 4 March 2025). Bitcoin trading volume increased on the graph for 4 hours by 20 % of the previous period, reaching 12000 BTC, indicating the interest of the strong market (Coinbase, 4 March 2025). Via the 50 -day moving average over the 200 -day moving average, which forms a golden cross, which is often seen as a strong bullish sign (TradingVief, 4 March 2025). The scale on the series of the Bitcoin network to transactions (NVT) decreased to 78, indicating that bitcoin may be less than its value in relation to the size of its transactions (Glassnode, 4 March 2025).

While this analysis focuses mainly on Bitcoin, the reaction of the broader cryptocurrency market was. The ETHEREUM price increased by 2.1 % to $ 4,300 during the same hour after Blackrock (Coindesk, 4 March 2025). The ETH/USD trading pair showed a similar increase in size, as 2.5 million ETH was trading on Coinbase in the last hour (Coinbase, 4 March 2025). The relationship between the main artificial intelligence and symbols of artificial intelligence, such as Singularity (AGIX) and Fetch.ai (Fet), were noticeable. AGIX has seen 4.5 % to $ 0.80, while FET increased by 3.8 % to $ 1.25 (Coingecko, 4 March 2025). The trading volume of these distinctive AI symbols increased, with AGIX increase by 30 % to 50 million FET code and size by 25 % to 40 million icons on the main stock exchanges (Binance, 4 March 2025). This indicates that the Blackrock statement not only affects Bitcoin but also had a ripples on AI’s symbols, indicating a possible trading opportunity in AI-Crypto. The analysis of feelings of social media platforms showed an increase in the positive signals of bitcoin symbols and symbols of artificial intelligence, with a high degree of feeling from 0.6 to 0.75 on a scale from 0 to 1 (feelings analysis, 4 March 2025).