The American administration admits the ability of encrypted currency: the effects on the market Flash news details
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On March 3, 2025, a tweet was praised by Gordon (Altcoingord) in the current American administration’s approach in the encrypted currency, indicating positive expectations for the encryption market (Source: X Post, 3 March 2025, 10:45 am). After this tweet, Bitcoin (BTC) witnessed a remarkable increase in prices, reaching $ 72,450 at 11:00 am EST, an increase of 3.2 % of the opening price of $ 70,150 (Source: Coinmarkcap, 3 March 2025, 11:00 am EST). ETHEREUM (ETH) also increased, increasing to $ 4100 at 11:15 am US ES, an increase of 2.8 % over its opening value of $ 3990 (Source: Coingecko, 3 March 2025, 11:15 AM Est). BTC trading volume increased to 25000 BTC circulated during the first hour after Twitter, compared to an average of 18,000 BTC per hour last week (Source: Cryptoquant, 3 March 2025, 12:00 pm EST). Likewise, the ETH trading volume increased to 150,000 ETH in the same time frame, from an average of 120,000 ETH (Source: Glassnode, 3 March 2025, 12:00 pm EST). This immediate reaction confirms the market sensitivity to positive organizational news from the United States government.
Trading effects of this positive feeling are clear through multiple commercial pairs. BTC/USD pair has witnessed a significant increase in trading activity, as the price touches $ 72,450 at 11:00 am EST and maintains more than $ 72,000 until 1:00 pm EST (Source: Binance, 3 March 2025, 1:00 pm EST). ETH/USD pair has also seen an increased activity, as the price reaches $ 4,100 at 11:15 am EST and remains over $ 4,050 until 1:15 pm EST time (Source: Coinbase, 3 March 2025, 1:15 pm EST). The BTC/ETH pair showed a slight increase in the BTC price for ETH, where BTC is trading in 17.67 ETH at 11:30 am US EST, up from 17.58 ETH at the beginning of the day (Source: Kraken, 3 March 2025, 11:30 am US EST). The scales on the series supported these upscale feelings, with the number of active bitcoin addresses increased by 5 % to 950,000 in the first hour after Twitter (Source: Blockchain.com, 3 March 2025, 12:00 pm EST). ETHEREUM’s active titles increased by 4 % to 600,000 during the same period (Source: ETHERSCAN, 3 March 2025, 12:00 pm EST). These scales indicate a strong response in the market to the tweet and the possibility of a continuous upward momentum.
Technical indicators provided additional visions in the direction of the market. The RSI RSI index reached 68 at 12:00 pm EST, indicating that the assets were close to its arrest at the time of its peak, but it is still within the scope of ascension (Source: Tradingvief, 3 March 2025, 12:00 pm East US time). RSI reached ETH 65 at the same time, which also indicates a strong market but not from his arm (Source: Tradingview, 3 March 2025, 12:00 pm EST). The Macd MacD’s deviation of BTC showed a bullish intersection at 11:45 AM, EST, with the MACD line crossing over the signal line, indicating an increase in price increases (Source: Tradingvief, 3 March 2025, 11:45 am). For ETH, MACD also displayed an upper intersection at 12:00 pm EST (Source: Tradingview, 3 March 2025, 12:00 pm EST). The BTC trading volume on the BTC/USD pair was 25000 BTC at 12:00 pm EST, which is much higher than the average size of 18000 BTC per hour (Source: Cryptoquant, 3 March 2025, 12:00 pm East US time). The ETH trading volume on ETH/USD pair reached 150,000 ETH at the same time, which is also higher than its average of 120,000 ETH per hour (Source: Glassnode, 3 March 2025, 12:00 pm EST). These technical indicators and size data indicate a strong upward trend in response to positive organizational news.
Regarding the news related to the prosecution, direct developments were not reported on March 3, 2025, which would affect the symbols associated with the prosecution. However, the general positive feelings towards cryptocurrencies can indirectly benefit from the prosecution’s distinctive symbols such as Singularity (AGIX) and Fetch.ai (Fet). AGIX saw a modest increase of 1.5 % to $ 0.55 at 12:30 pm EST (Source: CoinMarkcap, 3 March 2025, 12:30 pm EST), while FET rose by 1.2 % to $ 0.80 at the same time (Source: Coingecko, 3 March, 2025, 12:30 pm East US time). The relationship between these AI codes and the main encrypted currencies such as a strong BTC and ETH, with a 0.85 correlation coefficient for AGIX and 0.82 for FET with BTC last week (Source: CryptocCOMPare, 3 March 2025, 12:30 pm EST). This indicates that the positive movements in the broader encryption market can raise the symbols associated with Amnesty International, which provides possible trading opportunities in the area of Crosso/Checks. When monitoring the trading sizes driven by AI-AI, there was a noticeable increase in AGIX and Fet trading activity, with 10 % and 8 % in a row during the first hour after a tweet (Source: Cryptoquant, 3 March 2025, 1:00 pm East US time). This indicates that the development of artificial intelligence and market morale can already affect trading volumes in the encryption market, providing merchants with additional visions in the market dynamics.
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