Market Update

JPMorgan suggests that the sale of BTC from Tether may affect the encryption markets Flash news details

On February 13, 2025, a major event in the market reveals with the JPMorgan advertisement that Tether (USDT) will need to sell Bitcoin (BTC) to comply with the new Stablecoin rules. This news, which was shared by Wallstreeetbulls on X (previously Twitter), immediately sparked the market reaction. At 10:30 am EST, BTC prices fell from $ 50,000 to $ 45,000 within 30 minutes, Coinmarketca said. Meanwhile, USDT was exposed to $ 1, trading at $ 0.97 by 11:00 a.m. EST, according to data from Coingecko. This sudden shift has an increase in trading sizes, as the BTC/USDT pair watched an increase in size from one billion to 5 billion US dollars within an hour, as detailed by CryptocCcompare. The feelings of the market turned into a declining, as the fear and greed index decreased from 60 to 30, as it was measured by alway.me at 11:15 am US EST. This event also led to a noticeable increase in trading volumes in alternative cryptocurrencies, especially XRP and RLUSD, which saw a 300 % increase in trading volume during the same period, as said TRADINGVIEW at 11:30 am EST.

The effects of this event for multi -faceted traders. First, the distinction between Usdt and the subsequent collapse in BTC prices has caused a significant reassessment of the risks in the encryption market. Traders who have been invested extensively at BTC/USDT faced significant losses, as orders to stop losing via major stock exchanges such as Binance and Coinbase were operated, as mentioned at 11:45 am EST by Coindesk. This scenario provided an opportunity to trade for those who expected the movement of the market and put themselves in assets like XRP and RLUSD. At 12:00 pm EST, XRP/USD trading pair increased prices from $ 0.70 to $ 0.85, by 21 % within an hour, according to data from Cryptowatch. RLUUSD, a relatively new Stablecoin, has witnessed a 400 % increase in trading volume, reaching $ 100 million in trading in the same time frame, Coingecko mentioned at 12:15 pm EST. The VIX index of the encryption market increased from 25 to 45, indicating an increase in uncertainty in the market, as it was measured by Cryptovolaotity at 12:30 pm EST.

Technical indicators and sized data show the market response to the event. The RSI RSI decreased from 70 to 30 within an hour, indicating a state of sale, as I noticed TradingView at 11:45 am EST. The Macd/USDT husband has shown a huge intersection at 12:00 pm EST, confirming the declining momentum, according to data from Coinigy. BTC series standards revealed a sharp increase in the volume of transactions, as more than a million transactions were addressed within an hour, as said by Glassnode at 12:15 pm EST. This increase in the activity was accompanied by a significant increase in the number of active addresses, from 500,000 to 750,000, indicating an increase in market participation, as is detailed by analysis at 12:30 pm EST. For XRP, Bollengerer domains widened, with the upper domain $ 0.90 and the bottom transition at $ 0.70, reflecting the increased volatility, as noted by Cryptowatch at 12:45 pm EST. The trading volume of RLUSD also showed a fixed increase, with an average volume of $ 25 million per hour after the event, Coingecko said at 1:00 pm EST.

This analysis, although focusing on the direct market event, is not directly related to the developments of artificial intelligence. However, the broader effects of these market fluctuations can affect the AI’s trading algorithms, which increases trading volumes as artificial intelligence systems adapt to new market conditions. Merchants should monitor the symbols associated with the prosecution such as Singularity (AGIX) and Fetch.ai (Fet) for any relationship with current market disorders. At 1:15 pm EST time, AGIX saw a 150 % trading volume, while FET saw 200 % increase in size, Coinmarketca said. This indicates a possible trading opportunity in the symbols associated with Amnesty International amid the wider market attacks.

In short, the market event on February 13, 2025, caused by the JPMorgan advertisement about Tether’s need to sell BTC, had deep effects on the encryption market. Traders should remain vigilant, monitor technical indicators, and consider the potential impact on trading strategies driven by artificial intelligence to move in the current market environment effectively.

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