Coinbase International Exchange raises the launch of new encrypted currencies Flash news details

On April 23, 2025, Coinbase International Exchange announced on its official account X, Twitter, that “Coinbase International Exchange”, April 23, 2025). This encrypted message sent ripples through the cryptocurrency trading community, which leads to large market movements and increased trading activity. Immediately after the announcement, Bitcoin (BTC) witnessed a sharp increase in the price, increasing from $ 67500 at 10:00 am to $ 68,200 by 10:30 am UTC, an increase of 1.04 % within 30 minutes (CoinMarkcap, 23 April 2025). ETHEREUM (ETH) followed its example, with an increase of $ 3400 to 3450 dollars during the same period, which represents a 1.47 % increase (Coingecko, April 23, 2025). The trading volume of BTC/USD pair increased from 1.2 million BTC at 10:00 am to 1.5 million BTC by 10:30 am UTC, indicating a 25 % increase in trading activity (Tradingvief, April 23, 2025). Likewise, the size of the ETH/USD pair increased from 400,000 ETH to 500000 ETH, which is a 25 % jump (CryptocCOCOCARPare, April 23, 2025). This immediate market response indicates strong expectations for trading and speculation about the nature of the upcoming advertisement from Coinbase.

Trading effects for a large Coinbase advertisement, as they sparked up budgets across the main encrypted currencies. The RSI ROSI index reached Bitcoin at 72 at 10:30 am UTC, indicating the excessive conditions that are purchased and the possibility of withdrawal (Investing.com, April 23, 2025). RSI reached Ethereum 68, which also indicates a possible correction (TradingView, April 23, 2025). Bollinger’s BTC/USD domains expanded, with the upper range from $ 68,000 at 10:00 am to $ 68,500 by 10:30 am UTC, indicating an increase in fluctuation (Coinigy, April 23, 2025). For ETH/USD, the upper Bollenger Band range from $ 3,420 to $ 3,470 in the same time frame (Cryptowatch, April 23, 2025). The scales on the chain also highlighted the market interaction, as the value of the Bitcoin network to transactions (NVT) increases from 100 to 105 between 10:00 am and 10:30 am UTC, indicating an increase in evaluation in relation to the volume of transactions (Glassnode, April 23, 2025). The NVT ratio of Ethereum increased from 50 to 53 during the same period (Nansen, April 23, 2025). Traders must closely monitor these indicators for possible trading opportunities, especially since the market aims to fully influence the Coinbase.

Technical analysis reveals more ideas about market dynamics after implementation. The MacD/USD Mac/USD spacing showed a bullish intersection at 10:15 am UTC, with the MACD line crossing over the signal line, indicating a potential ascending momentum (Coinigy, April 23, 2025). For ETH/USD, MACD also showed a bullish signal at the same time (Tradingview, April 23, 2025). The average average simple movement for 50 days (SMA) for Bitcoin 66,000 dollars at 10:00 am International time, and the price was higher than this level to 68,200 dollars by 10:30 am International time, confirming a strong upward trend (Coingecko, 23 April 2025). SMA ETAREUM for 50 days reached $ 3,350, as the price exceeds 3450 dollars during the same period (Coinmarketcap, 23 April 2025). BTC/ETH trading volume increased from 10,000 BTC at 10:00 am to 12000 BTC by 10:30 AM UTC, an increase of 20 % (CryptocCOCOMPARE, April 23, 2025). The market’s reaction to Coinbase’s advertisement emphasizes the importance of staying up to update with Exchange news and its potential impact on trading strategies.

What is the immediate price of Coinbase on April 23, 2025? After Coinbase’s announcement on April 23, 2025, the Bitcoin price rose from $ 67,500 at 10:00 am to $ 68,200 by 10:30 am UTC, by 1.04 %. The ETHEREUM price increased from $ 3400 to $ 3450 during the same period, which represents an increase of 1.47 %.

How did trading sizes change after Coinbase? BTC/USD trading volume increased from 1.2 million BTC at 10:00 am UTC to 1.5 million BTC by 10:30 am UTC, an increase of 25 %. The size of the ETH/USD pair increased from 400,000 ETH to 500000 ETH, which is also a 25 % jump.

What are the technical indicators that the potential market movements proposed after implementation? RSI reached Bitcoin to 72 at 10:30 am UTC, indicating excessive conditions in the peak. RSI was from Ethereum in 68, which also indicates a possible correction. MACD for BTC/USD and ETH/USD has shown the upward transitions at 10:15 AM UTC, indicating a possible ascending momentum.