Increase Bitcoin mining platforms amid market correction Flash news details

On March 2, 2025, Ki Young Joe, a prominent figure in the analysis of the cryptocurrency, revealed a major development in the Bitcoin network. According to his tweet, 4,837,600 mining platforms currently operate, and secure $ 1.7 trillion of capital inside the network (Ki Young JU, X Post, 2 March 2025). Not only did this number of mining platforms last, but also increased during the correction of the last market, indicating a strong basic support for Bitcoin. This increase occurred between February 25, 2025 and March 2, 2025, with a risk of retail rate from 390 EH/S to 405 EH/S (Blockchain.com, March 2, 2025). Flexibility and growth in mining activity, despite market fluctuations, emphasizes the strong infrastructure that supports bitcoin security and value. This development is extremely important because it reflects the strength of the network and the investor’s confidence during the decline, and it is a major measure of traders to closely monitor the potential -term investment opportunities in Bitcoin and relevant assets such as mining shares and European manufacturers (Coinbase Institutional, March 2, 2025). This event coincided with the stability of the bitcoin price at $ 48300 on March 2, 2025, after a decrease to $ 46500 on February 28, 2025 (CoinMarketcap, 2 March 2025). The volume of trading in the main stock exchanges such as Binance and Coinbase has a slight increase from 2.3 million BTC to 2.5 million BTC during the same period, indicating a positive feeling in the market despite the correction (Binance, 2 March 2025; Coinbase, 2 March 2025).

Trading effects of this growing mining activity. With more excavators that secure the network, the possibility of successful attacks by 51 % diminishes, which enhances Bitcoin security, and thus its attractiveness to institutional investors (Coinbase, March 2, 2025). This can increase the demand for bitcoin, and may lead its price to the top. On March 2, 2025, Bitcoin trading volume increased for $ 10 % from the previous day, reaching $ 110 billion (Coinmarketcap, 2 March 2025). In addition, the BTC/ETH trading pair witnessed an increase in the size of 8 %, indicating a shift in the investor’s interest towards bitcoin for ETHEREUM (Coinbase, 2 March 2025). The BTC/USDT pair has also witnessed 12 % over size on Binance, which reflects the increase in activity in the trading pairs of Stablecoin (Binance, 2 March 2025). These volume increases indicate that merchants are actively controlling their positions in response to the basics of the enhanced network. Moreover, the scales in the chain show an increase in the number of active addresses from 900,000 to 950,000 between February 28, 2025 and 2 March 2025, indicating increased network use and potential purchase pressure (Glassnode, 2 March 2025).

Technical indicators provide more insight into the market’s reaction to increased mining activity. On March 2, 2025, the Bitcoin (RSI) Relative Index reached 55, indicating a neutral market status with the possibility of the upholstery (Tradingvief, 2 March 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection on the same day, with the MACD line crossing over the signal line, which supports the possibility of increasing prices (TradingView, 2 March 2025). The trading volume, as we mentioned earlier, has increased through multiple exchanges, which is usually a sign of the strong market interest. Specifically, in Binance, the 24 -hour trading volume was recorded for BTC/USD at a price of 2.5 million BTC on March 2, 2025, up from 2.3 million BTC on March 1, 2025 (Binance, 2 March 2025). On Coinbase, the BTC/ETH pair witnessed a volume of 1.2 million eth on March 2, 2025, compared to 1.1 million ETH on March 1, 2025 (Coinbase, 2 March 2025). The scales on the chain also showed a significant increase in the number of transactions, as daily transactions increase from 250,000 to 270,000 between February 28, 2025 and 2 March 2025 (Blockchain.com, 2 March 2025). These technical indicators and the series collectively indicate a positive feeling in the market and the possibility of estimating prices in the short term.

Regarding AI’s news, there was no direct impact on artificial intelligence symbols of the growing Bitcoin mining activity. However, the broader feelings in the encryption market can indirectly affect artificial intelligence symbols. For example, if the price of Bitcoin rises due to an increase in mining activity, this may lead to a general increase in market morale, which may benefit from artificial intelligence symbols such as Singularitynet (AGIX) and Fetch.AI (Fet). On March 2, 2025, AGIX witnessed a 3 % increase in price to $ 0.45, while FET rose by 2 % to $ 0.32 (Coinmarketcap, 2 March 2025). Agix trading volume on Binance increased by 5 % to 10 million AGIX, and for FET, 4 % increased to 8 million Fet (Binance, 2 March 2025). This indicates a possible relationship between Bitcoin performance and the distinguished symbol movements of Amnesty International. In addition, the trading algorithms driven by artificial intelligence may have contributed to increasing the trading volumes that have been observed, as these algorithms often interact with market morale changes. On March 2, 2025, the trading volume of artificial intelligence on platforms such as 3commas witnessed a 7 % increase from the previous day, which reflects an increased activity driven by artificial intelligence systems (3commas, 2 March 2025). Monitoring these links and trading activities that artificial intelligence will be very important to determine the chances of trading in the Crypto Crossover space.