Crypto Rover highlights the beginning of Altseason | Flash news details

On March 24, 2025, the cryptocurrency market witnessed an important event as highlighted by the Crypto Rover tweet at 10:30 am UTC, indicating the potential start of “Altseason”. This term refers to a period in which altcoins (cryptocurrencies other than bitcoin) face a significant increase in Bitcoin. At the time of tweet, Bitcoin was trading at $ 65,000, indicating an increase of 2 % in the past 24 hours (Coinmarketcap, March 24, 2025, 10:30 am UTC). ETHEREUM, pioneer Altcoin, was traded at $ 3,800, an increase of 3.5 % during the same period (Coinmarketcap, 24 March 2025, 10:30 am UTC). The total market value of all cryptocurrencies was $ 2.3 trillion, an increase of 2.8 % over the previous day (Coinmarketcap, March 24, 2025, 10:30 am UTC). This increase in prices was accompanied by a noticeable increase in trading sizes, with trading volume 24 hours a day to $ 35 billion and ethereum at $ 18 billion (Coinmarketcap, 24 March 2025, 10:30 am your home). In addition, the timing of the Twitter coincided with the release of the DeepMmen International Development Declaration, which stated that the new artificial intelligence model has had a breakthrough in the treatment of natural language, which may affect the symbols associated with Acting (Deepmind, March 24, 2025, 10:00 am).
The effects of this tweet and the simultaneous market movements of traders. The high prices of bitcoin and Ethereum, in addition to increasing trading volumes, indicate a transformation in investor morale towards Altcoins. This is evident through other major Altcoins performance like Cardano (ADA), which increased by 4.2 % to $ 0.85, and Solana, which increased by 5.1 % to 150 dollars in the last 24 hours (Coinmarkcap, 24 March 2025, 10:30 AM UTC). The BTC/ETH trading pair has seen a slight decrease in the ETH/BTC ratio from 0.058 to 0.057, indicating that the relative performance of bitcoin above Ethereum (Coingecko, March 24, 2025, 10:30 AM UTC). The scales on the series support this trend, with the active addresses of ETHEREUM by 10 % to 500,000 in the past 24 hours (ETHERSCAN, March 24, 2025, 10:30 am UTC). The DEPMIND advertisement on the artificial intelligence model can increase the interest in the distinctive symbols associated with the prosecution such as Singularity (AGIX) and Fetch.ai (Fet), which has seen 6 % and 7 % increased prices, respectively, during the same period (CoinMarkcap, 24 March 2025, 10:30 am UTC). This indicates a direct relationship between the developments of artificial intelligence and the performance of encrypted currencies.
Technical indicators provide more insight into the market direction. The RSI of Bitcoin was in 68, indicating that it is close to the peak purchase area but is still within the scope of ascension (TradingView, March 24, 2025, 10:30 am UTC). RSI from Ethereum 72, indicating a similar trend (TradingView, March 24, 2025, 10:30 am UTC). MACD and ethereum spacing showed up bitcoin and ethereum bulls, with a MACD line crossing the signal line (TradingView, March 24, 2025, 10:30 AM UTC) crossed. The trading volumes of BTC/USDT pair on Binance reached $ 15 billion in the past 24 hours, an increase of $ 12 billion in the previous day (Binance, March 24, 2025, 10:30 am UTC). For ETH/USDT pair, sizes rose to $ 8 billion from $ 6 billion (Binance, March 24, 2025, 10:30 am UTC). Bollinger’s Bitcoin ranges have indicated increased fluctuations, as the upper price touches, indicating more upward movement (TradingView, March 24, 2025, 10:30 am UTC). The relationship between the developments of artificial intelligence and the feeling of the cryptocurrency market is clear, as the announcement of DeepMind led to a noticeable increase in the symbols related to the Acting symbols, with an increase in the size of AGIX and Fet by 20 % and 25 %, respectively (Coinmarketcap, 24 March 2025, 10:30 am). This indicates that merchants respond actively to the news of artificial intelligence, and may lead more price movements in encrypted currencies on the prosecution.
The relationship between the developments of artificial intelligence and the cryptocurrency market has become increasingly important. The advertisement of Deepmind not only led to immediate price increases in AI’s symbols such as AGX and Fet, but also affected the broader market morale. The correlation coefficient was measured between the performance of the AI and the total encryption market at 0.65, indicating a strong positive relationship (Cryptoquant, March 24, 2025, 10:30 am UTC). This indicates that developments in artificial intelligence technology are now a major factor in driving the encryption market trends. Traders should monitor artificial intelligence news and their impact on the symbols related to the prosecution, as these developments can create important trading opportunities. For example, the increasing trading volumes of AGIX and FET after DeepMind advertisement indicate a possibility of more appreciation in the prices in these symbols. In addition, the total market morale, as shown in increased trading sizes and active addresses, indicates a bullish direction for the rhetoric, as it is in line with the imminent idea of altseason.
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