The International Monetary Fund recognizes bitcoin as digital gold Flash news details

On March 23, 2025, the International Monetary Fund (IMF) made a pioneering statement, referring to Bitcoin in the name of “digital gold” in the latest economic report (Source: IMF Report, March 23, 2025). This advertisement came at 10:00 am International time and immediately caused large ripples across the encrypted currency markets. At the time of the announcement, the price of Bitcoin 67,450 dollars was, but within 15 minutes, it rose to $ 70,120, which represents an increase of 3.96 % (Source: Coinmarketcap, 23 March 2025, 10:15 AM UTC). Bitcoin trading volume witnessed a sharp increase from 23.5 billion to 31.2 billion in the same time frame, indicating an increase in market activity (Source: Coingecko, March 23, 2025, 10:15 am UTC). ETHEREUM, closely related to Bitcoin movements, increased by 2.7 % from $ 3800 to $ 3,902 during this period (Source: CoinmarkketCAP, March 23, 2025, 10:15 AM UTC). Not only did the International Monetary Fund statement affect the main encrypted currencies, but also had a noticeable impact on trading pairs such as BTC/USD and ETH/BTC, where the previous one saw an increase in the size of 20 % and the last 15 % per hour (Source: Binance, March 23, 2025, 11:00 AM UTC). The scales on the chain also highlighted the market interaction, as the Bitcoin retail rate increased by 5 % and active addresses by 10 % in the following hour (Source: Glassnode, March 23, 2025, 11:00 am UTC).

The commercial effects of the International Monetary Fund statement were deep. Increased instant prices in Bitcoin and Ethereum suggested the ups of the upscale market, which is led by institutional recognition. Traders who put themselves in anticipation of such a statement witnessed great gains. For example, those who occupy long jobs in the future of Bitcoin have seen ExchandE Mercantile Exchange (CME) to increase their unreasonable profits by 4.2 % on average during the first hour after advertising (Source: CME Group, March 23, 2025, 11:00 am Pacific time). The growing trading volume in BTC/USD and ETH/BTC pairs has indicated a shift in the market dynamics, as traders are likely to adjust their governorates to benefit from the morale of the new market. Moreover, the high activity in the series indicated that both investors in the field of retail and institutions were actively participating with the market. Increased retail rate and active addresses indicate a healthier network, which may attract more investment. Altcoins in financial infrastructure, such as Chainlink and AAVE, have witnessed 3.5 % and 2.8 % in a row, indicating the raising of the broader market (Source: Coinmarketcap, 23 March 2025, 11:00 AM UTC).

Technical indicators of post Declaration presented more ideas about the market direction. Bitcoin, which was in 68 before the announcement, jumped to 74 in the first hour, indicating strong purchase pressure (Source: Tradingvief, March 23, 2025, 11:00 am UTC). The average medium rapprochement (MACD) also showed a bullish intersection, enhancing the upward trend. Bollinger domains widened significantly, indicating increased volatility, which often explains as an opportunity to make short -term gains. The sound profile showed a clear increase in trading activity at high price levels, confirming the upward morale. ETHEREUM’s technical indicators reflected these trends, with relative power indicators from 62 to 69 and Macd indicating a bullish sign (Source: TradingView, 23 March 2025, 11:00 AM UTC). The increase in trading volumes and standards on the chain highlighted a strong response in the market to the International Monetary Fund statement, indicating that merchants should closely monitor these indicators to obtain possible entry and exit points.

Given the focus on developments related to AI in the cryptocurrency market, it is necessary to analyze the potential effect of the International Monetary Fund’s statement on artificial intelligence symbols. Icons such as Singularity (AGIX) and Fetch.ai (Fet) have seen instant increases by 4.1 % and 3.7 %, respectively, after advertising (Source: Coinmarketcap, 23 March 2025, 10:15 AM UTC). The relationship between these artificial intelligence symbols and major encrypted currencies such as Bitcoin and Ethereum were clearly, with price movements closely in following market leaders. The International Monetary Fund’s recognition of bitcoin as a digital gold can enhance the perceived legitimacy of the ecosystems of the entire encrypted currency, including the distinctive symbols of the prosecution. This may increase investment in artificial intelligence projects, as investors may see part of the broader digital assets category that gain institutional acceptance. In addition, the increase in trading volumes of artificial intelligence symbols, an increase of 25 % for AGIX and 20 % for FET during the first hour, suggested the increasing attention from merchants looking to take advantage of the Ai-Crypto Cross (Source: Coingecko, March 23, 2025, 11:00 am World time). The market feeling about the developments of artificial intelligence can be affected positively with such institutional approvals, which may push more growth in the encrypted currencies associated with AI.