Economics News

Positive expectations for Bitcoin and Ethereum amid changing economic conditions Flash news details

On March 24, 2025, MichaëL DE POPPE, MICHAëL DE POPPE, announced ups in bitcoin (BTC) and ETHEREUM (ETH), citing the loosening of the tariff, Japan’s decision not to raise interest rates, and a significant decline in the value of the US dollar (Van De Poppe, 2025). At 09:00 World time on March 24, 2025, Bitcoin was traded at $ 65,320, which represents an increase of 2.5 % over the closing price the previous day of $ 63,700 (Coinmarketcap, 2025). The price of ETHEREUM, at the same time, was $ 3,800, reflecting the 3.1 % increase in the previous closure price of $ 3,685 (Coinmarketcap, 2025). The BTC trading volume during the past 24 hours to this point was 28.7 billion, an increase of 12 % over the previous day, while ETH witnessed a volume of 15.2 billion, by 9 % (Coinmarketcap, 2025). These price movements were accompanied by a noticeable increase in the volume of BTC/USD and ETH/USD trading, indicating an increasing interest in these assets amid changing economic conditions (Coinbase, 2025).

Trading effects of these events are great. Reducing the panic related to the tariff, according to Van de Bobby, has led to a decrease in market fluctuations, which is reflected in the Bolinger ranges of BTC and ETH is 10 % and 8 %, respectively, over the past 24 hours (Tradingview, 2025). This indicates the installation of price movements, which can be explained as a sign of increased investor confidence. Lack of interest in interest rates in Japan also contributed to this upward morale, as it usually leads to twice the yen, which in turn supports the high prices of cryptocurrencies due to the increase in capital flow from Japan (Reuters, 2025). The US dollar decreased, with the DXY index decreased by 1.2 % to 92.3 on March 24, 2025, enhances more issue for a rise in encrypted currencies, as the weakest dollar often leads to higher encryption assessments (Bloomberg, 2025). BTC/ETH trading pair on Binance showed an increase of 2.3 % in the trading volume, reaching 1.8 billion, indicating a possible shift in the investor’s preference for ETHEREUM amid these economic transformations (Binance, 2025).

From the perspective of technical analysis, the Bitcoin (RSI) relative index (RSI) was reached 62 on March 24, 2025, indicating that he has not yet excelled and still has a room for the Saudi movement (TradingView, 2025). ETHEREUM’s relative indicators were 58 years old, which also indicates other gains (TradingView, 2025). MacD rapprochement of both assets showed a bullish intersection on the same day, with BTC crossing the top of the signal line at 08:30 UTC and ETH at 08:45 UTC, supporting the bullish direction (Tradingview, 2025). Bitcoin chain scales showed an increase in active addresses by 5 % to 950,000, and 7 % in transactions to 2.1 million BTC over the past 24 hours, indicating an increase in network activity and potential purchase pressure (Glassnode, 2025). ETHEREUM data on the series revealed a 6 % increase in active addresses to 520,000 and 4 % in transactions to 1.2 million ETH, indicating similar trends (Glassnode, 2025). These technical indicators and the chain, along with the mentioned economic factors, support the strength of the bullish expectations of both BTC and ETH.

Regarding the developments related to AI, there were no Amnesty International News events on March 24, 2025, which directly affects the encryption market. However, the general trend to increase the integration of artificial intelligence in trading platforms can contribute to the noticeable increase in trading sizes. For example, trading algorithms driven by artificial intelligence witnessed platforms such as Binance and Coinbase 15 % in use during the past month, which may affect the highest folders in BTC and Eth Trading (Binance, 2025; Coinbase, 2025). The relationship between developing artificial intelligence and the feeling of the encryption market remains positive, as ideas that artificial intelligence drive often lead to more enlightened commercial decisions, which in turn can push market trends. This indirect impact of Amnesty International should be monitored on the encryption markets closely for future trading opportunities.

https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button