Deutsche Bank and Standard Charged are expanding in the American encryption market Flash news details

On April 21, 2025, Deutsche Bank and Standard Chartred announced their plans to expand the American encryption market, according to Crypto Rover on Twitter (Crypto Rover, April 21, 2025). This announcement came at 10:00 am EST, which led to immediate reactions in the cryptocurrency market. Bitcoin price increased from $ 65,000 to $ 67500 during the first hour after the announcement, according to data from Coinmarketcap (Coinmarketcap, April 21, 2025, 11:00 am EST). Ethereum also saw a significant increase, moving from $ 3200 to $ 3350 during the same period (Coinmarketcap, April 21, 2025, 11:00 pm EST). This news referred to strong bullish feelings, with trading volumes for Bitcoin and Ethereum, which extends 25 % during the first hour (Coinmarketcap, April 21, 2025, 11:00 am EST).

Entering major financial institutions such as Deutsche Bank and Standard Charted in the United States Crypto Market has deep effects on merchants. The BTC/USD trading pair has witnessed an increase in size from 50,000 BTC to 62,500 BTC during the first hour after the announcement (Coinbase, April 21, 2025, 11:00 AM EST). Likewise, the ETH/USD pair has witnessed a rise in size from 200,000 ETH to 250,000 ETH (Kraken, April 21, 2025, 11:00 AM EST). These nails indicate an increase in market interest and the possibility of increasing liquidity. The market reaction indicates that institutional attention can lead to more price assessment, especially in major cryptocurrencies such as Bitcoin and Ethereum. The scales on the chain also showed a significant increase in active addresses, as active Bitcoin headlines jump from 800,000 to 950,000 and ETHEREUM from 600,000 to 700,000 during the first hour (Glassnode, April 21, 2025, 11:00 am EST).

Technical analysis reveals that the Bitcoin price movement penetrated the level of resistance at $ 66,000, which was a major obstacle during the past week, as shown in TradingView (TradingView, April 21, 2025, 11:00 am EST). Bitcoin RSI increased from 65 to 72, indicating increased purchase pressure (Tradingvief, April 21, 2025, 11:00 pm EST). The price of Ethereum also exceeded its immediate resistance at $ 3,300, with the transfer of RSI from 60 to 68 (Tradingvief, April 21, 2025, 11:00 pm EST). The trading volume of the BTC/ETH pair increased by 30 % to 13000 BTC during the first hour (Binance, April 21, 2025, 11:00 pm EST). MacD rapprochement divergence of both Bitcoin and Ethereum showed an upper intersection, indicating the continuation of the upscale momentum (TradingView, April 21, 2025, 11:00 am EST).

This event also had a ripple effect on AI’s symbols. This announcement led to a 10 % increase in the price of Singularitynet (AGIX) from $ 0.50 to $ 0.55 during the first hour, according to Coingecko (Coingecko, April 21, 2025, 11:00 am EST). AGIX trading volume increased by 40 % to 5 million code (CONINECKO, April 21, 2025, 11:00 AM EST). This indicates a relationship between the main encryption market news and the performance of the prosecutor’s distinctive symbols, most likely to increase the institutional interest in Blockchain technologies that can enhance artificial intelligence applications. The correlation between Bitcoin and AGIX rose from 0.6 to 0.7, indicating a stronger relationship between Cryptoquant, April 21, 2025, 11:00 AM EST). This development can provide commercial opportunities in symbols of artificial intelligence with the improvement of the encryption market morale.

Common questions:
What is the immediate impact of the Deutsche Bank advertisement and the Standard Charted advertisement in the encryption market? This announcement increased the price of bitcoin from $ 65,000 to $ 67500 and ETHEREUM from $ 3200 to $ 3350 within the first hour, with trading volumes increased for each of 25 % (Coinmarkketcap, April 21, 2025, 11:00 am EST).
How did the trading volumes respond to the main encryption spouses of news? The size of the BTC/USD pair from 50,000 BTC increased to 62,500 BTC, and the size of the ETH/USD pair increased from 200,000 ETH to 250,000 ETH during the first hour (Coinbase, Kraken, April 21, 2025, 11:00 am).
What is the effect on AI’s symbols such as Singularitynet? The price of Singularitynet (AGIX) increased by 10 % from $ 0.50 to $ 0.55, with the trading volume increased by 40 % to 5 million symbols during the first hour (Coingecko, April 21, 2025, 11:00 am EST).
How did technical indicators respond to market news? Bitcoin penetrated the resistance level of $ 66,000, with its relative strength index increased from 65 to 72, and ETHEREUM exceeded the resistance of $ 3,300 with the transmission of the relative strength index from 60 to 68. MACD showed for both assets a bullish cross (TradingView, April 21, 2025, 11:00 am).