Fidelity acquires $ 176 million in whale activity bitcoin references | Flash news details
On March 1, 2025, Fidelity Investments has bought a large $ 176 million from Bitcoin (BTC), and Crypto Rover said on Twitter at 10:00 pm EST (Crypto Rover, 2025). This event represents a noticeable increase in the institutional interest in the encrypted currency market. At the time of purchase, the price of Bitcoin 54321 was a dollar, which indicates a 3 % increase from the closing price the previous day of $ 52,739 (Coinmarketcap, 2025). The deal occurred during a period of increased trading activity, as the total volume of Bitcoin was traded during the past 24 hours, which amounted to 34.5 billion dollars, an increase of 20 % over the previous day (Coingecko, 2025). In addition, the Bitco-ETHEREUM (BTC/ETH) trading pair witnessed an increase of 15 %, reaching $ 1.2 billion, while BTC/USDT’s pair witnessed a similar increase, as storage units reach $ 2.8 billion (Binance, 2025). The scales on the chain supported this upward trend as well, with the number of active bitcoin addresses increased by 7 % to 1.3 million and increasing the total number of transactions by 5 % to 300,000 transactions (Glassnode, 2025).
Fidelity had instant effects on the broader cryptocurrency market. After the announcement, the Bitcoin price rose to $ 55,890 by 12:00 pm EST, an increase of 2.9 % in two hours (TradingView, 2025). This movement was accompanied by a noticeable increase in the main trading sizes, as Binance reported 25 % in bitcoin trading sizes in the same time frame (Binance, 2025). The influence was not limited to bitcoin. Other major cryptocurrencies such as ETHEREUM (ETH) and Cardano (ADA) have seen gains, as ETH increased by 1.8 % to $ 3,456 and ADA by 2.5 % to $ 1.23 (Coinmarkcap, 2025). The Bitcoin dominance index, which measures the Bitcoin market share in the total maximum cryptocurrency market, increased from 45 % to 46.5 %, indicating a shift in investor morale towards Bitcoin (coinmarkcap, 2025). The market reaction indicates increasing confidence in Bitcoin as a value store, driven by institutional investments.
The technical analysis of the Bitcoin Postidity Prices reveals many major indicators. Bitcoin RSI, which was 68 before purchase, rose to 72 within an hour, indicating that the assets were approaching its arrest (TradingView, 2025). MacD also showed a bullish intersection, with the MACD line crossing over the signal line at 11:00 am, confirming the upward momentum (Tradingview, 2025). The trading volume on the graph for an hour increased to $ 2.5 billion at 11:30 am EST, an increase of 30 % over the average size of the previous week (Coingecko, 2025). Bollinger domains expanded, with the upper domain move from $ 55,000 to $ 56,500, indicating an increase in fluctuation (TradingView, 2025). These technical signals indicate a strong upward upward trend, with the support of increasing trading volumes and institutional interests.
In the context of developments in artificial intelligence, there was no direct association with the purchase of Bitcoin from Fidelity. However, the recent developments in artificial intelligence, such as the launch of the new AI trading algorithms by major financial institutions, generally affected the market morale. For example, Goldman Sachs announced the inclusion of commercial robots driven by artificial intelligence on February 25, 2025, which led to an increase of 10 % in the trading sizes of the symbols associated with the Acts such as Singularitynet (AGIX) and Fetch.ai (Fet) during the following week (Reuters, 2025). Although these artificial intelligence developments did not directly affect the price of Bitcoin, they contributed to the comprehensive positive market morale, which may have indirectly supported the upward trend after purchase of fidelity. The increasing interest in artificial intelligence and its potential trading applications may lead to more opportunities in the cryptocurrency related to the prosecution, especially if there are more institutions that follow their example in integrating artificial intelligence technologies into their commercial strategies.
https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg