Senate Developments on the Boss of the Tax Authority medium that affects the encrypted currency Flash news details

On March 4, 2025, the US Senate held discussions on the Business of the Tax Authority Base, as Eleanor Teret said on Twitter at 10:45 am US time (Teret, 2025). This rule, if passed, can significantly affect the trading of cryptocurrency by requesting an exchange and some other entities to report the user’s treatment data to the Tax Authority. The expectation of such a base led to the immediate market reactions, as Bitcoin (BTC) decreased by 2.3 % to $ 64,500 at 11:00 pm EST (CoinMarketcap, 2025). ETHEREUM (ETH) also witnessed a decrease of 1.9 % to $ 3,200 at the same time (Coingecko, 2025). BTC trading volume increased by 15 % to 3.5 million BTC in the last hour, indicating an increase in market activity and potential panic (CryptocCOCOCARPare, 2025). For ETHEREUM, trading volume increased by 12 % to 1.8 million ETH, indicating similar market morale (Coinbase, 2025). The market’s reaction to the regulatory news was rapid, highlighting the sensitivity of the encryption markets with legislative developments.

The immediate coronary effects to discuss the Tax Authority base in the Tax Authority were important through various trading pairs. BTC/USD pair witnessed a sharp decrease, decreasing from $ 66,000 to $ 64,500 in 15 minutes of breaking news at 10:45 am US time (Tradingvief, 2025). Likewise, the ETH/USD pair fell from $ 3,260 to $ 3,200 in the same time frame (Binance, 2025). However, the BTC/ETH pair has shown a slight increase in the price of ETH for BTC, moving from 0.049 to 0.050 ETH per BTC, indicating the accurate market response (Kraken, 2025). The scales on the series supported the market reaction, with the number of active bitcoin addresses by 5 % to 800,000 within an hour of news, indicating a decrease in the user’s participation (Glassnode, 2025). The fear and greed index, which measures market morale, has decreased from 60 to 52, reflecting a shift towards fear in the market (Alternative.me, 2025). These indicators indicate that merchants should be careful and think about the long -term effects of organizational changes on their trading strategies.

The technical analysis of the post The Irs Broker Rull News shows a phone trend for both BTC and ETH. The BTC/USD graph has indicated an interruption from the level of support of $ 65,000 at 11:15 am US EST, with the relative strength index decreased from 62 to 55, indicating an increase in the pressure pressure (TradingView, 2025). For ETH/USD, the graph for one hour showed a similar pattern, as ETH is divided into less than a 3.250 dollar support level at 11:15 am US EST, and the relative strength index decreased from 60 to 53 (Binance, 2025). Trading sizes of both assets remain high, with BTC sizes at 3.5 million BTC and ETH in ETH sizes at 1.8 million ETH in the following hour of news (CryptocCOSPARE, 2025; Coinbase, 2025). The moving averages of both BTC and ETH showed a declining intersection, with a 50 -hour crossing less than 200 hours at 11:30 am, confirming the downward trend (Coinmarketcap, 2025). Traders must closely monitor these technical indicators and consider short -term trading strategies to move in current market fluctuations.

Given the focus on the developments of artificial intelligence and its impact on the encryption market, it is worth noting that the distinctive related symbols such as Singularity (AGIX) and Fetch.AI (Fet) also witnessed fluctuation after news of the Boss of the Tax Authority. AGIX decreased by $ 3.1 % to $ 0.50 at 11:00 am EST, while FET decreased by 2.8 % to $ 0.75 at the same time (Coingecko, 2025). AGIX and Fet trading volumes increased by 10 % and 8 %, respectively, indicating a similar reaction in the market to organizational news (CryptocCCOCARPare, 2025). The relationship between the symbols of artificial intelligence and the main encryption assets such as BTC and ETH was clear, with Person’s connection coefficient of 0.75 between AGIX and BTC, and 0.72 between Fet and ETH, indicating a strong positive relationship (Coinmetrics, 2025). This link indicates that artificial intelligence symbols may follow the directions of the broader market affected by organizational news. Traders looking for opportunities in the AI-Crypto Cross must consider the potential impact of organizational changes on the development of artificial intelligence and its subsequent impact on market morale. Monitoring the trading changes driven by artificial intelligence can provide an insight into the market dynamics and help in determining possible trading opportunities.