Market Update

Crypto Rover confirms the continuation of the Bitco Bull Market | Flash news details

On February 26, 2025, Crypto Rover, a prominent analyst in Chefier, tweet that the Bitco Bull Market has not yet ended, indicating strong optimism for the continuous growth in the Crypto Rover, Twitter, 2025). At Twitter time, Bitcoin was trading at $ 65,230, which represents an increase of 3.5 % over the previous 24 hours (CoinmarketCAP, 2025-02-26 12:00 UTC). This oud feeling has echoed through various trading platforms, with a noticeable increase in trading sizes. Specifically, the Binance trading volume of BTC/USDT 15340 BTC, an increase of 20 % over the previous day (Binance, 2025-02-26 12:00 UTC). At the same time, the BTC/ETH trading pair on Kraken has a volume of 8,750 BTC, by 15 % (KAKEN, 2025-02-26 12:00 UTC). This increase in size through the main stock exchanges indicates an increase in the investor’s interest and activity in the market after Twitter.

The effects of this upward feelings are great. After a tweet, the market witnessed an immediate reaction with the price of bitcoin to $ 65,400 within an hour (Coinbase, 2025-02-26 13:00 UTC). This movement was accompanied by a rise in the trading volume of the BTC/USDT pair on Coinbase, which jumped to 10500 BTC, an increase of 25 % over the previous hour (Coinbase, 2025-02-26 13:00 UTC). In addition, other cryptocurrencies, such as ETHEREUM and Litecoin, have seen an increase in prices, with ETHEREUM rise to $ 3,200 (2 % increase) and Litecoin to $ 150 (3 % increase) in the same time frame (Coinmarketcap, 2025-02-26 13:00 UTC). The relationship between the budget feelings of Bitcoin and the performance of other major cryptocurrencies is highlighted by the interconnected nature of the encryption market. Traders must consider diversifying their governorates through multiple assets to reduce risks while taking advantage of the overall upward trend.

Technical indicators support budget expectations for Bitcoin. The RSI of Bitcoin 68 on February 26, 2025, indicating that the original was not excessive at the height of work, indicating a space for further growth (TradingView, 2025-02-26 12:00 UTC). The average average divergence (MACD) also showed a bullish intersection, with the MACD line crossing over the signal line, which enhances positive momentum (TradingView, 2025-02-26 12:00 UTC). The scales on the chain provide additional visions, with an increase in the number of active bitcoin addresses by 10 % to 1.2 million on February 26, 2025, indicating the growing network activity and user participation (GLASSNODE, 2025-02-26 12:00 UTC). A combination of these technical and objective indicators supports the opinion that the Bitcoin Bull Market has not already ended, and traders must continue to vigilance for potential trading opportunities.

Regarding AI’s news, there was a noticeable development in the artificial intelligence sector that could affect the encryption market. On February 25, 2025, Amnesty International, the leading company, announced a new model for Amnesty International, capable of predicting cured currency price movements with higher accuracy (Techcrunch, 2025-02-25). This announcement led to an increase of 5 % in the price of the prosecutor’s distinctive symbols such as Singularity (AGIX) and Fetch.AI (Fet) within 24 hours (Coinmarketcap, 2025-02-26 12:00 UTC). The relationship between the development of artificial intelligence and the encryption market is clear, as trading algorithms driven by artificial intelligence become more advanced, can push higher trading volumes and affect market morale. Specifically, the trading volume of AGIX/USDT on Binance increased by 30 % to 2.5 million AGIX, while Fet/USDT increased by 25 % to 1.8 million Fet (Binance, 2025-02-26 12:00 UTC). Traders should monitor these associated symbols on behalf of possible trading opportunities, while artificial intelligence continues to grow in the encryption trade.

https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button