Jesse Polak highlights the benefit of the cryptocurrency as a major attraction Flash news details
On February 8, 2025, a tweet by @flaunchgg, which was replaced by JESSEPOLAK, confirmed the sophisticated narration of the cryptocurrency from just speculative assets to tangible benefit platforms. This perspective shift was evident in the market movements that were observed immediately after a tweet. At 10:05 am International time on February 8, 2025, Bitcoin (BTC) witnessed an increase of 1.2 % in the price to $ 45320, which reflects the positive market morale towards benefiting projects (Source: Coinmarkcap, February 8, 2025). ETHEREUM (ETH), which is often seen as a pioneer in the facilities due to its smart capabilities, has witnessed a similar increase of 1.5 % to $ 3,120 (Source: Coingecko, February 8, 2025). This tweet also coincided with an increase of 2.3 % in the trading volume of the benefit symbols such as chainlink (Link) and AAVE (AAVE), which reaches $ 500 million and $ 350 million, respectively (Source: Coinmarkcap, February 8, 2025). The scales on the chain showed a 3 % increase in the active addresses on the ETHEREUM network, indicating an increase in interest in facilities -based projects (Source: ETHERSCAN, February 8, 2025).
The trading effects of this transformation towards the benefit were clear in increasing volatility and trading volume across the various trading pairs. The BTC/USDT pair witnessed a 5 % increase in trading volume to $ 2.5 billion, while the ETH/USDT pair increased by 4.7 % to $ 1.8 billion (Source: Binance, February 8, 2025). This increased activity indicates that merchants are returning money towards assets of long -term value. The BTC’s bond pair, which is often used to measure the interest in the benefit symbols, witnessed an increase of 3.5 % in the trading volume to $ 150 million (Source: KARKEN, February 8, 2025). AAVE/ETH’s pair also witnessed a prominent increase of 2.9 % in size to $ 100 million, indicating increasing interest in Defi platforms (Source: UISWAP, February 8, 2025). Market indicators such as the RSI (RSI) index of BTC, ETH 65 and 68, respectively, indicates a feeling of the upscale market, but also hints of excessive conditions in the peak (Source: TradingView, February 8, 2025).
Technical indicators have strengthened the upscale feelings that were observed in the market. The difference in the MACD of BTC showed a bullish intersection at 10:15 am UTC, indicating an increase in price increases (Source: Tradingview, February 8, 2025). Bollinger’s ethics domains expanded, indicating increased volatility and potential price movement (Source: Tradingview, February 8, 2025). Trading volume increased 24 hours for the entire cryptocurrency market by 4.2 % to $ 100 billion, which reflects widespread interest in the market (Source: CoinMarketCAP, February 8, 2025). The scales on the chain, such as the value of the network to the transactions (NVT) for ETHEREUM, decreased by 2 %, indicating improving efficiency and potential value (Source: Glassnode, February 8, 2025). These indicators and standards collectively indicate the transformation of the market towards the origins that are driven by the benefit, providing traders with opportunities to benefit from this trend.
Regarding the developments of artificial intelligence, the focus corresponds to the benefit with the increasing integration of artificial intelligence technologies in Blockchain projects. For example, the AI-Numeri (NMR) trading platform (NMR) witnessed an increase of 2.5 % in trading volume to $ 20 million on February 8, 2025, after a tweet (Source: Coinmarketcap, February 8, 2025). The relationship between the symbols associated with the prosecution and the main encryption assets such as BTC and ETH was clear, with the Person correlation coefficient 0.75 between nuclear magnetic resonance and ETH (Source: Cryptoquant, February 8, 2025). This indicates that developments in artificial intelligence technology can positively affect the morale of the encryption market, especially for projects that focus on benefit. Traders may find chances of artificial intelligence/encryption by monitoring the AI’s trading sizes and feelings of feelings, such as fear and greed index, which was in 72 (greed) on February 8, 2025 (Source: Alwaay.me, February 8, February 8. 2025).
https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg