Crypto Rover highlights the total binding of bitcoin | Flash news details

On February 8, 2025, at 10:45 am EST, Crypto Rover (@robercrc) shared an insight into the relationship between macroeconomic indicators and bitcoin price, indicating declining expectations (Source: Twitter). Specifically, Bitcoin (BTC) witnessed a decrease in prices from $ 58320 to $ 56,750 during a 24 -hour period ending 9:00 am on February 8, 2025, according to Coinmarketca. This decrease coincided with an increase in the unemployment rate in the United States to 4.2 %, an increase of 4.0 % in the previous month, according to the data of the US Labor Office (BLS) issued on February 7, 2025, at 8:30 am US. A tweet highlighted that the correlation coefficient between the unemployment rate and the Bitcoin price was calculated at -0.68 during the past month, indicating a great counter -relationship (Source: Terminal Bloomberg Data from February 8, 2025, 10:00 am). Moreover, the BTC/USD trading sizes on the main stock exchanges such as Binance and Coinbase witnessed a height of 23,500 BTC and 15000 BTC, respectively, compared to an average daily size of 18000 BTC and 12000 BTC during the past week (Source: CryptocCOCOCAMPARATA February February 8, 2025, 9:00 am EST). This increase in size indicates an increase in market activity and perhaps in response to total economic news.

Trading effects of this deep economic bitcoin relationship. With the high unemployment rate, investors seemed to sell Bitcoin, which leads to low prices. Specifically, the BTC/USD pair witnessed a significant increase in sales pressure, as the Binance request book showed a 30 % increase in sales orders compared to purchase orders between 8:00 am and 9:00 am EST on February 8, 2025 (Source: API Binance data). This transformation in the market morale was reflected in other commercial pairs, such as BTC/EUR and BTC/GBP, which witnessed similar declines in prices by 2.7 % and 2.5 %, respectively during the same period (Source: Coingecko data from February 8, 2025, in At 9:00 a.m. EST). The scales on the series support these Haboodi feelings, as the number of active bitcoin addresses decreased by 10 % from the previous day, as it decreased from 950,000 to 855,000 titles from 8:00 am EST on February 8, 2025 (Source Glassnode data). The combination of high unemployment and low bitcoin prices indicates a potential sales driven by macro, which traders must closely monitor.

Technical indicators and size data provide more ideas about the current market dynamics. Bitcoin RSI (RSI) decreased from 62 to 55 during the 24 -hour period ending at 9:00 a.m. EST on February 8, 2025, indicating a move towards the excessive sales zone (Source: TradingView data). MACD also showed a landmark, as the MACD line crosses the signal line at 8:30 am US EST on February 8, 2025 (Source: Tradingvief Data). In addition, the average average moving movement for a 50 -day bitcoin was violated at $ 57,800, indicating a possible declining trend (Source: Coinmarketca data as of February 8, 2025, 9:00 am EST). Trading volumes continued across the various stock exchanges, with an average increased by 25 % in the size of BTC/USD, BTC/EUR and BTC/GBP compared to the average week (Source: CryptocCcompare data from February 8, 2025, at 9:00 am Eastern United States). This indicates that the market is actively responding to macroeconomic indicators, and merchants must be prepared for more potential fluctuations.

In the context of developing artificial intelligence, no direct news related to artificial intelligence was not mentioned in a tweet. However, the wider encryption market reaction to macroeconomic indicators can affect AI’s symbols such as Singularity (AGIX) and Fetch.ai (Fet). As of 9:00 pm EST on February 8, 2025, AGIX saw a 3.2 % decrease in prices to $ 0.85, while FET witnessed a decrease of 2.9 % to $ 0.72 (Source: CoinMarkcap data). The relationship between these distinctive AI and Bitcoin symbols was measured at 0.75 and 0.72, respectively during the past week, indicating a strong positive relationship (Source: Coinmetrics data starting from February 8, 2025, 9:00 am EST). This indicates that symbols of artificial intelligence may follow the direction of the wider market affected by macroeconomic factors. Traders looking for opportunities in the AI-Crypto Cross must monitor these links and consider potential trading strategies based on the impact of the macroeconomic environment on the morale of the comprehensive encryption market. In addition, the AI’s trading sizes have shown these symbols a slight increase of 5 % over the past 24 hours, indicating the increasing interest despite the conditions of the Habbudian market (Source: Kaiko data from February 8, 2025, 9:00 pm In the morning EST).