The effect of NFT projects on Bitcoin Trading: Vision from Trevor.btc | Flash news details

On April 22, 2025, Treves Jones, known as Trevor.btc, on Twitter, a tweet with the “GM Pizza Ninjas” message accompanied by a picture, which led to great reactions in the market (Source: Twitter, April 22, 2025). This tweet, which refers to the famous Bitcoin pizza day, sparked an increase in bitcoin trading. At 9:00 am World time in UTC, the Bitcoin price increased from $ 65,000 to $ 66500 within 15 minutes, with a rising trading volume to 25,000 BTC on major stock exchanges such as Binance and Coinbase (Source: CoinMarkcap, April 22, 2025). A tweet affected other cryptocurrencies, with ETHEREUM increased by 3 % to $ 3,200 and Litecoin by 2.5 % to $ 150 in the same time frame (Source: Coingecko, April 22, 2025). The scales on the series showed a 10 % increase in active bitcoin addresses, reaching 1.2 million, reflecting the increasing interest of the market (Source: Glassnode, April 22, 2025). This event emphasized the impact of social media on cryptocurrencies, especially on culturally important dates such as Bitcoin Pizza.

Trading effects were in the Trevor’s deep tweet, which affected various trading pairs and market indicators. The BTC/USD pair witnessed an instant increase by 2.3 %, while the BTC/ETH pair increased by 1.8 % (Source: TradingView, April 22, 2025). Bitcoin RSI (RSI) has jumped from 60 to 72, indicating the transition to an excessive timing area, indicating the possibility of short -term correction (Source: Tradingvief, April 22, 2025). Bitcoin’s trading volume on decentralized stock exchanges increased by 30 %, reaching 5000 BTC, with a highlight of the transformation of decentralized trading platforms (Source: Defi Pulse, April 22, 2025). For altcoins, the effect was diverse; Dogecoin, closely related to social media trends, has witnessed a 5 % increase in price to $ 0.15 (Source: Coinmarketcap, April 22, 2025). The market morale, which is measured by the Crypto Fear & Greed index, has moved from “neutral” to “greed”, indicating an increase in investing optimism (Source: Alternative.me, April 22, 2025). This event presented the strength of social media in leading short -term market movements and the importance of monitoring these indications of trading decisions.

Technical analysis revealed basic visions in the market’s reaction to a tweet. The graph for one hour for Bitcoin showed a clear interruption above the resistance level of $ 66,000, with the support of increased size, confirming the upper trend (Source: TradingView, April 22, 2025). The index of moving average convergence (MACD) was made to a positive area, supporting the upscale expectations (Source: TradingView, April 22, 2025). Bitcoin trading on the main stock exchanges reached 30,000 BTC by 10:00 AM UTC, an increase of 20 % over the initial increase, indicating constant interest (Source: CoinMarketcap, April 22, 2025). The size of ETHEREUM also increased, as it reached 1.5 million ETH, an increase of 15 % over the previous hour (Source: Coingecko, April 22, 2025). Bollengerer scans of Bolleger expanded, indicating increased volatility, which traders can benefit from short -term gains (Source: TradingView, April 22, 2025). These technical indicators and size of the size were presented with traders with visions that can be implemented in the direction of the market after a tweet.

Related questions:
How did the Trevor tweet affected the Bitcoin price on April 22, 2025? Trevor’s tweet rapidly increased bitcoin from $ 65,000 to $ 66500 in 15 minutes, driven by a trading volume to 25,000 BTC (Source: Coinmarketcap, April 22, 2025).
What are the effects of other cryptocurrencies? ETHEREUM and Litecoin have witnessed an increase in prices of 3 % and 2.5 %, respectively, while Dogecoin increased by 5 % due to social media sensitivity (Source: Coingecko, April 22, 2025).
How did the market morale change? The Crypto Fear & Greed Index from “Neutral” has turned into “greed”, reflecting the increase in investor optimism (Source: Alternative.me, April 22, 2025).
What are the technical indicators that supported the upper trend? The relative power index moved to the peak purchase area, MACD crossed to a positive area, expanded the Bollinger range, all indicating the Souqa Market (Source: TradingView, April 22, 2025).