More than a billion dollars classified in the encrypted currency market Flash news details

On March 4, 2025, the cryptocurrency market witnessed major turmoil, as reported by Crypto Rover, with amazing boxes of $ 1070,000,000 in the past 24 hours (Crypto Rover, 4 March 2025). The massive liquidation event was operated due to a sharp decrease in the price of Bitcoin, which decreased from $ 64,200 at 08:00 UTC to $ 59,800 by 12:00 UTC (Coinbase, 4 March 2025). Ethereum followed her example, fell from $ 3,800 to $ 3500 in the same time frame (Binance, 4 March 2025). The liquidation event also impact on Altcoins, with great losses in Cardano (ADA), which decreased from $ 0.45 to $ 0.40 (KARKEN, 4 March 2025), and Solana, which decreased from $ 190 to $ 175 (FTX, 4 March 2025). The market reaction was rapid, as trading volumes rose to unprecedented levels, with a total of 24 hours of $ 120 billion via main stock exchanges (Coinmarketcap, 4 March 2025). This event emphasizes the volatile nature of the cryptocurrency market and the possibility of extensive rapid permits.

Trading effects of this liquidation event are deep. The sharp decrease in the price of bitcoin led to a series of orders to stop losing loss, which exacerbated the declining pressure in the market. According to the data from bybit, more than 50,000 BTC jobs were filtered between 09:00 and 11:00 UTC, which greatly contributed to a total of 1,070,000,000 dollars (bybit, 4 March 2025). Bitcoin trading on Binance increased by 150 % of the previous 24 hours, reaching $ 45 billion (Binance, 4 March 2025). Ethereum trading on Coinbase witnessed a similar increase, increasing by 120 % to $ 20 billion (Coinbase, 4 March 2025). The Altcoin market also witnessed an increasing volatility, as the Cardano trading volume on Kraken jumped by 80 % to $ 1.5 billion (Kraken, 4 March 2025). These nails indicate a rush from merchants trying to get out of their locations or benefit from the market shrinkage. The liquidation event has led to a major transformation in the market morale, as the Crypto Fear & Greed index decreased from 55 to 40 during the day (Alternative.me, 4 March 2025).

Technical indicators across various trading pairs reflect the market distress. Bitcoin/USD pair on Coinbase showed a great pattern on the graph for one hour at 10:00 UTC, indicating more from the negative side (Tradingview, 4 March 2025). The RSI of Bitcoin decreased from 70 to 35 within two hours, indicating the shift from the peak of purchase to the conditions of sale (Coinbase, 4 March 2025). Ethereum/USD on Binance showed a similar pattern, as the relative strength index fell from 65 to 30 during the same period (Binance, 4 March 2025). Through the average divergence of the medium rapprochement (MACD) of Cardano/USD on Kraken via the signal line at 11:00 UTC, indicating a declining trend (Kraken, 4 March 2025). The scales on the chain confirm the market stress, with the volume of transactions for the Bitcoin network increased by 30 % to 300,000 transactions during the past 24 hours (BLOCKCHAIN.com, 4 March 2025). ETHEREUM gas fees increased by 50 % to 100 GWEI, indicating an increase in network activity and potential crowding (ETHERSCAN, 4 March 2025). These technical indicators and the chain of merchants provide important visions in the current case of the market and possible future movements.

Given the lack of news on the prosecution in this scenario, there is no direct connection in the AI-Crypto market for analysis. However, traders must remain vigilant for any developments related to the prosecution that can affect market morale and future trading volumes.