Ki Young Ju highlights Bitcoin’s institutional support Flash news details

On February 10, 2025, 10:45 am EST, Twitter was a prominent encryption analyst, “Power Financial #Bitcoin chose. Don’t go against them. This statement was accompanied by a plan that shows the increase in Bitcoin prices, indicating a great institutional interest in Bitcoin. (BTC) (Source: TwitterKi_young_JU, February 10, 2025). Eastern United States). 2025, 10:45 I).

Trading effects of this institutional interest. After a tweet, the price of Bitcoin continued to rise, reaching 76,890 dollars by 2:00 pm EST on the same day, another increase by 1.95 % (Source: Coinmarketcap, 10 February, 2025, 2:00 pm East time US). The Bitcoin dominance index, which measures the Bitcoin market share for other encrypted currencies, increased from 43.2 % to 44.5 % in the same time frame, indicating a shift in the market dynamics that prefer Bitcoin (Source: TradingView, February 10, 2025, 2:00 East evening in the United States). In addition, the BTC/ETH trading pair showed a decrease in the value of ETHEREUM against Bitcoin, with the pair decreased from 0.062 BTC to 0.060 BTC (Source: Kaken, February 10, 2025, 2:00 pm East US time). This indicates that investors were re -allocating their portfolios towards Bitcoin, and perhaps because of the imagined institutional support.

From the perspective of technical analysis, the Bitcoin price movement on February 10, 2025 showed a clear upward trend. Via the 50 -day moving average over the 200 -day moving average, known as “Golden Cross”, at 11:30 am US EST, indicates a strong purchase sign (Source: TradingView, February 10, 2025, 11:30 AM EST). The RSI of Bitcoin was in 72, indicating excessive conditions in the peak but it is still inside a bullish area (Source: Coinigy, February 10, 2025, 11:30 am EST). Bitcoin’s trading volume against other major cryptocurrencies such as Litecoin (LTC) and Ripple (XRP) increased significantly, with a 35 % BTC/LTC pair size and BTC/XRP size increased by 28 % compared to the previous day (Source: Bittrex, 10 February, 2025, 11:30 AM EST). The scales on the series supported this upward view, with an increase in the number of active bitcoin addresses by 10 % to 1.2 million, and the volume of treatment on the Bitcoin network that reaches 3.5 million BTC (Source: Glassnode, February 10, 2025, 11:30 I).

Regarding AI’s news, specific developments of artificial intelligence were not reported on February 10, 2025, which directly affects the encryption market. However, the general feelings in the artificial intelligence sector have remained positive, with continuous developments in machine learning and artificial intelligence trading algorithms that continue to influence market dynamics. The link between the artificial intelligence markets and the encryption markets can be seen in increasing the use of trading robots driven by artificial intelligence, which contributed to the trading volume of trading that was observed in Bitcoin. For example, trading volume in the stock exchanges known as trading by artificial intelligence, such as kucoin, saw a 15 % increase in bitcoin trading compared to the previous union (Source: Kucoin, February 10, 2025, 11:30 am EST). This indicates that trading strategies that depend on artificial intelligence play a role in the current market movements, which supports the bullish trend in Bitcoin.