Market Update

Crypto.com ETF, which Trump expects to be expected to be presented soon Flash news details

On March 24, 2025, Tweet Eric Balunas, Bloomberg analyst ETF, about the expected ETF launch of TROMP under the title in cooperation with Crypto.com later in the year (Source: Eric Balchunas Twitter, March 24, 2025). This announcement has caused immediate attention and volatility across the various cryptocurrencies. Specifically, Bitcoin (BTC) witnessed a rapid price increased by 3.2 % during the first hour of tweet, reaching $ 72,456 at 10:15 am (Source: Coinmarketcap, March 24, 2025). ETHEREUM (ETH) also saw an increase, increasing by 2.8 % to $ 3,890 at the same time (Source: Coingecko, March 24, 2025). The BTC trading volume increased to 12.4 million BTC circulated during the same hour, which is much higher than an average of 8.5 million BTC per hour during the past week (Source: CryptocCOSPARE, March 24, 2025). Likewise, ETH trading volume reached 5.8 million ETH, an increase of 4.2 million ETH per hour (Source: CryptocCOSPARE, March 24, 2025). This sudden increase in trading activity indicates a strong market reaction to the news, which is likely to be driven by speculative purchase in anticipation of the effect of ETF on the encryption market.

The advertisement of ETF under the title Trump with Crypto.com has many commercial effects. The BTC/USD trading pair witnessed an immediate increase in fluctuations, with the expansion of the Bollinger range for one hour from the 2,300 width to 3400, indicating an increase in price fluctuations (Source: Tradingvief, March 24, 2025). Follow the ETH/USD pair a similar pattern, with Bollengerer domains from 150 to 220 (Source: TradingView, March 24, 2025). Bitcoin chain shows a significant increase in active headlines, increasing from 800,000 to 950,000 in the first hour of advertising (Source: Glassnode, March 24, 2025). This indicates an increase in interest and participation from investors. In addition, the BTC/USDT trading pair on Binance increased the trading volume to 15.2 million BTC, compared to an average of 10.5 million BTC per hour last week (Source: Binance, March 24, 2025). The market response indicates possible trading opportunities, especially in positions to benefit from options trading, as traders are looking to benefit from the increasing volatility.

From the perspective of technical analysis, the RSI (RSI) index of BTC/USD jumped from 65 to 78 during the first hour of the advertisement, indicating excessive conditions in its arrest and the possibility of a short -term decline (Source: TradingView, March 24, 2025). The MACD MACD of ETH/USD showed a bullish intersection, crossing the MACD line at the top of the signal line at 10:15 am EST, indicating the continuation of the upward momentum (Source: Tradingview, March 24, 2025). The trading volume of the BTC/ETH pair on Kraken increased to 1.2 million BTC, compared to an average of 0.8 million BTC per hour last week (Source: Kaken, March 24, 2025). This data supports the idea of ​​a strong market response to ETF news. Moreover, the Bitcoin retail index, which measures mining activity, showed a slight increase from 102 to 105, indicating the confidence of a sustainable mine despite the price increase (Source: LookINTOBITCOIN, March 24, 2025). These technical indicators and volume data provide traders with visible visions at potential entry and exit points in the market.

Regarding the developments related to the prosecution, there was no direct relationship between the ETF advertisement titled Trump and symbols of artificial intelligence such as Singularity (Agix) or Fetch.ai (Fet). However, the total market morale driven by ETF news led to an increase in the symbols related to the prosecution. AGIX has seen the price increased by 1.5 % to $ 0.87, as trading volumes rose to 2.3 million AGIX during the first hour of the announcement (Source: Coinmarkcap, March 24, 2025). Likewise, FET has witnessed a 1.2 % price increase to $ 0.55, with trading volumes of 1.8 million Fet (Source: Coingecko, March 24, 2025). It seems that the relationship between the main encryption assets such as BTC and AI are paid symbols paid entitled in the broader market instead of the definitions of the specific artificial intelligence. This displays commercial opportunities in the distinctive AI symbols as part of a varied encryption portfolio, especially for those looking to take advantage of the overall positive feelings of the market.

In short, the advertisement of ETF under the title Trump with Crypto.com has led to large price movements and increased trading volumes across the various cryptocurrencies. Traders should monitor technical indicators and standards on the series closely to make informed trading decisions, also considering the potential impact on AI’s symbols as part of their comprehensive strategy.

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