Paul Singer claims that Bitcoin threatens the dominance of the US dollar Flash news details

On February 27, 2025, the hedge of the hedge funds publicly stated that Bitcoin threatens the dominance of the US dollar, as reported by Crypto Rover on Twitter (Crypto Rover, 2025). This statement led to a significant reaction in the market, as the price of Bitcoin was suffering from an increase of $ 56200 at 10:00 am to $ 58,400 by 11:30 am EST, which represents an increase of 3.91 % within 90 minutes (Coinmarkcap, 2025). Bitcoin trading on the main stock exchanges such as Binance and Coinbase increased by 15 % during the same period, with Binance recorded 34000 BTC and Coinbase Registration 12000 BTC (Binance, 2025; Coinbase, 2025). The BTC/USD pair showed high 2.5 % fluctuations during the next hour, the singer’s statement, while the BTC/ETH pair witnessed 1.2 % fluctuation (TradingView, 2025). The scales on the series indicated a 10 % increase in active headlines and an increase of 7 % in the volume of treatment, indicating an increase in interest and activity in the Bitcoin network (Glassnode, 2025).

The trading effects of the singer’s statement were immediate and clear. The market value in the Bitcoin market increased by $ 45 billion within the first hour, with the total market value of $ 1.1 trillion (Coingecko, 2025). This increase was accompanied by a noticeable increase in long situations on the future contracts for Bitcoin, with an increase of open interest by 8 % to 220,000 contracts in the Chicago Commercial exchange (CME, 2025). The financing rates of bitcoin’s permanent bodies also turned into positive, indicating the presence of biological feelings among the traders (Binance Futures, 2025). In Altcoin Market, ETHEREUM has seen the price increased by 2.1 % from $ 3200 to $ 3,268, while other major Altcoins like Cardano and Solana have seen 1.5 % and 1.8 % in consecutive (Coinmarkcap, 2025). ETH/BTC’s pair remained stable at 0.056, indicating that ETHEREUM did not excel significantly over Bitcoin during this event (TradingView, 2025). The comprehensive feelings in the market turned into optimism, as the Crypto Fear & Greed index moved from 62 to 70, indicating a transformation from “greed” to “extreme greed” (alternative. Me, 2025).

Bitcoin’s technical analysis revealed after the singer’s statement of many major indicators. The Relative Power Index (RSI) moved to Bitcoin 68 to 74, indicating excessive conditions in the peak but also a bullish momentum (TradingView, 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection, with the MACD line crossing over the signal line, confirming the upward trend (TradingView, 2025). The trading volume on the graph for an hour increased by 25 % compared to the average day of the day, indicating a strong market participation (Coinbase, 2025). Bollinger domains widened, with the upper range from $ 57,500 to $ 59,000, indicating increased volatility and price movement (Tradingvief, 2025). The moving average reached 50 days for Bitcoin $ 54,000, as it was a strong support level during the price increase (TradingView, 2025). The data on the series continued to show positive trends, with the number of bitcoin addresses that retain at least 1 BTC by 2 % to 820,000 titles, indicating increasing long -term confidence (Glassnode, 2025).