PAM BONDI confirmation effect on cryptocurrencies Flash news details

On February 5, 2025, Bam Bondi was announced as an American lawyer by the White House, indicating a major shift in the leadership of the Ministry of Justice (Source: Twitter – Whitehouse, February 5, 2025). This political development had an immediate impact on the cryptocurrency markets, especially in terms of market morale and trading volume. At 10:00 AM EST on February 5, 2025, Bitcoin (BTC) witnessed a sharp increase by 2.3 %, increasing from $ 45,000 to $ 46,025 in 15 minutes after the announcement (Source: Coinmarkcap, 5 February 5 2025). ETHEREUM (ETH) followed its example, with a rise of 1.8 % from 3200 dollars to 3,256 dollars during the same time frame (Source: Coingecko, February 5, 2025). The increase in these main encrypted currencies can be attributed to the perceived stability and organizational clarity that the appointment of Bondi may bring it to the encryption market, as its previous call for justice and law enforcement indicates a possible campaign on fraudulent activities within the sector (Source: Reuters, February 5, 2025) . In addition, BTC and ETH trading sizes increased by 12 % and 9 %, respectively, within the first hour of the advertisement, indicating an increase in trading interest and market activity (Source: CryptocCOSPARE, February 5, 2025). The BTC/USD trading pair on Binance has seen an increase in the size of 10,000 BTC to 11200 BTC, while the ETH/USD pair rose on Coinbase from 50,000 ETH to 54500 ETH (Source: Binance and Coinbase, February 5, 2025). This event also led to a noticeable increase in market fluctuations, as the bitcoin fluctuation index jumps from 35 to 42 during the same period (Source: TradingView, February 5, 2025). The scales on this series reflected this market movement, with a 7 % increase in active bitcoin addresses and an increase of 5 % in ETHEREUM transactions per second (Source: Glassnode, February 5, 2025). This increase in the activity on the series indicates a broader participation in the market in response to political news.

Trading effects to appoint multi -faceted Pam Bondi. The initial market reaction indicates the presence of upward feelings, probably driven by expecting an organizational environment more suitable for encrypted currencies. This feeling was clear in the smaller Altcoins price movement, as Cardano (ADA) increased by 3.5 % from $ 0.50 to $ 0.518 and Solana (SOL) by 2.9 % from $ 20 to $ 20.58 between 10:00 am and 10:15 am EST on February 5, 2025 (Source: CoinMarkcap, February 5, 2025). ADA/USD trading pair on Kraken has seen an increase in size from 2 million ADA to 2.2 million ADA, while the Sol/USD pair on FTX rose from 1.5 million Sol to 1.65 million Sol (Source: Kaken and FTX, February 5, 2025). This increase in trading volume through multiple commercial pairs indicates a large -scale market response. Moreover, the Fear and Greed Index, the main market morale index, turned from 50 neutral to 55 climbs a little during the first hour of the announcement (Source: Alternative.me, February 5, 2025). This shift reflects the optimism of traders about the possible positive impact of Bondi’s appointment to the encryption market. Market morale also led to a 10 % increase in open attention to future bitcoin contracts on the Chicago Commercial Stock Exchange (CME), from 10,000 to 11,000 contracts, indicating an increase in institutional interest in the market (Source: CME Group, February 5, 2025). This increased benefit and increased trading activity indicates that traders put themselves to benefit from the perceived organizational clarity and stability that Bondi’s appointment may achieve.

From the perspective of technical analysis, instant price movements can be evaluated after PAM BONDI confirmation through various indicators. Bitcoin RSI, which measures the speed and change of price movements, rose from 60 to 65 within 15 minutes of advertising, indicating an increase in the momentum in the market (Source: TradingView, February 5, 2025). Likewise, RSI increased from Ethereum from 58 to 62 during the same period (Source: TradingView, February 5, 2025). Macd and ETH signs showed up buds, with a MACD line crossing the top of the signal line, indicating a possible continuation of the upward trend (Source: TradingView, February 5, 2025). The trading volume data also supports this analysis, with the size of bitcoin over 24 hours on February 5, 2025, when it amounted to $ 25 billion, an increase of 22 billion dollars in the previous day, and the increase in the size of ETHEREUM from 10 billion dollars to $ 11 billion (Source: CoinmarketCap, February 5, 2025). These sized nails indicate a strong participation in the market and confirm the bullish feelings. The scales on the chain also provide an insight into the market dynamics, with the average value of the treatment for Bitcoin increased by 8 % from 1000 dollars to $ 1,080 and the average average value of treatment from ETAREUM by 6 % from 200 dollars to 212 dollars During the first hour of the announcement (Source: Glassnode, February 5, 2025). These increases in the values ​​of transactions indicate that adult investors are actively participating in the market, which supports upward expectations.

In short, PAM Bondi’s confirmation as a general lawyer of the United States on February 5, 2025 had a significant impact on the encrypted currency market, which led to an immediate increase in prices, increased trading sizes, and transformations in technical indicators and standards on the chain. The market response indicates that there are positive feelings to potential organizational clarity and stability that Bondi’s appointment may bring to the encryption sector.