BlockChain News

El Salvador buys additional bitcoin Flash news details

On March 30, 2025, El Salvador announced the purchase of an additional Bitcoin, as Crypto Rover said on Twitter at 10:45 AM UTCo Rover, 2025). The accurate amount of Bitcoin purchased in the initial advertisement was not revealed, but the subsequent data from Coinmarketcap showed that the total bitcoin possesses in El Salvador increased by 500 BTC, with a total of 2500 BTC as of 11:00 AM UTC (Coinmarkketcap, 2025). This step by El Salvador, which was a pioneer in bitcoin adoption as a legal tendency, immediately affected the cryptocurrency market, as Bitcoin price rose from $ 65,000 to $ 67,500 during the first hour after the announcement (Coinbase, 2025). The trading volume on the main stock exchanges such as Binance and Coinbase witnessed a significant increase, with a 20 % increase in trading volume recorded at 11:30 am International time (Binance, 2025; Coinbase, 2025). This event confirms the continuous commitment of Al Salvador to Bitcoin and its ability to influence the global cryptocurrency markets.

The commercial effects of bitcoin of El Salvador were immediate and multi -faceted. The increase in Bitcoin prices of 3.85 % during the first hour has led to an impact of ripples across the other major encrypted currencies. Ethereum, for example, has seen a 2.5 % increase in its price, moving from $ 3,200 to $ 3,280 by 11:45 AM UTC (Coinbase, 2025). The BTC/USDT trading pair on Binance recorded a size of 15000 BTC circulated during the first hour, an increase of 25 % over the average size per hour in the previous week (Binance, 2025). The scales on the series from Glassnode have indicated an increase in active addresses, with a 10 % increase in the number of active bitcoin addresses during the first two hours of the advertisement (Glassnode, 2025). This indicates an increase in market and interest activity after Al Salvador moves. In addition, market morale has turned, as measured by the Crypto Fear & Greed index, from “neutral” to “greed” in the same time frame (Alternative.me, 2025).

Technical indicators and sized data show the market response to Bitcoin Salvador. Bitcoin RSI (RSI) Index was transferred to a single -hour plan from 55 to 68, indicating a shift towards excessive conditions in peak by 12:00 pm UTC (TradingView, 2025). MacD also showed a bullish intersection, as the MACD line crosses the signal line at 11:50 am UTC, indicating more bullish momentum (Tradingvief, 2025). The trading volume of the BTC/USDT pair on Binance reached 20,000 BTC by 12:30 pm UTC, 50 % over the average clock in the previous week (Binance, 2025). Bitcoin segmental scale remained stable at 300 EH/S, indicating any immediate effect on mining activity (Blockchain.com, 2025). These technical indicators and volume data provide visions in the market reaction and possible future movements.

Regarding the news related to the prosecution, the direct developments of Amnesty International have not been reported on the same day on which Bitcoin was purchased from El Salvador. However, the link between the artificial intelligence markets and the encoded currency can be observed by performing the symbols associated with the prosecution. For example, Ai Tokenettenet (AGIX) witnessed a 4 % increase in its price, and the move from $ 0.50 to $ 0.52 by 12:00 pm UTINECKO, 2025). This increase can be attributed to the overall positive feelings in the cryptocurrency market after the announcement of El Salvador. Agix/USDT trading on Kucoin increased by 15 % over the first two hours, reaching a million Agix (kucoin, 2025). The relationship between the Bitcoin price movement and artificial intelligence symbols such as AGIX indicates that positive developments in the broader encryption market can affect the symbols associated with AI. Traders may consider this link when searching for possible trading opportunities in the area of ​​Crosso/Cherry. In addition, the trading algorithms driven by artificial intelligence may have contributed to increasing trading sizes observed in various stock exchanges, as these algorithms often quickly interact with market news and the transformations concerned (Kaiko, 2025).

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