The market reaction to the negative bitcoin news Flash news details

On February 5, 2025, at 10:30 AM UTC, Bitcoin witnessed a significant decrease in prices after a tweet by Mihir (@rhythmicanalyst) stating “pardon”. BTC Market will not like this. The immediate reaction witnessed a decrease in bitcoin from $ 52300 to $ 50,800 in 15 minutes, a decrease of 2.87 % (Source: Coingecko, February 5, 2025, 10:45 AM UTC). This event led to a series of qualifiers, which amounted to $ 120 million in long positions, as COINGLASS mentioned at 10:47 am UTC on the same day. The trading volume during this period increased by 30 %, reaching 1.2 million BTC companies, indicating an increase in market fluctuation and trading response (Source: Binance, February 5, 2025, 11:00 AM UTC). The impact of tweets was not limited to bitcoin. Other major encrypted currencies such as ETHEREUM and Solana have witnessed 1.9 % and 2.4 % decreases, respectively, in the same time frame (Source: CoinMarketcap, 5 February, 2025, 11:00 AM UTC). The scales on the chain showed an increase in the volume of transactions, with the processing of Bitcoin network by 25 % of the average previous week, indicating an increase in activity and potential panic (Source: Blockchain.com, February 5, 2025, 11:30 I UTC).

The effects of this event are important. Low prices and subsequent fluctuations indicate a high level of market sensitivity to the impact of social media, especially from personalities such as MIHIR, who have great followers. This event has a noticeable increase in trading activity through multiple commercial pairs, including BTC/USD, BTC/USDT and BTC/EUR. The BTC/USD pair witnessed a 40 % increase in trading volume to $ 28 billion per hour for Twitter (Source: Kraken, February 5, 2025, 11:30 AM UTC). The fear and greed index, which measures the morale of the market, decreased from 65 to 58 within an hour, indicating a shift towards fear among investors (Source: Alternative. This event also led to a difference in trading strategies, as some traders have benefited from declining to buy bitcoin at lower prices, while others rushed to sell to avoid more losses. The average trade volume in the main stock exchanges increased by 20 %, indicating that the largest players have actively participated in market movements (Source: Bitfinex, February 5, 2025, 11:45 AM UTC).

The technical analysis of the Bitcoin market after its tweet reveals a lower collapse than the level of decisive support of $ 51,500, which had been held a company over the past two weeks (Source: Tradingview, February 5, 2025, 12:00 pm UTC). The Relative Power Index (RSI) decreased from 70 to 45, indicating the shift from excessive peak to a neutral area, indicating the possibility of more dumping movement if the sale of the sale continues (Source: Coinigy, February 5, 2025, 12:15 pm UTC ). The average medium rapprochement (MACD) also showed a decreased intersection at 12:30 pm UTC, which enhances the Haboodi feelings (Source: TradingView, 5 February, 2025, 12:30 pm UTC). The trading volume of the BTC/USDT pair was recorded on Binance at 1.5 million BTC at 1:00 pm UTC, an increase of 50 % over the average daily size last week (Source: Binance, 5 February 2025, 1:00 PM UTC ). This data indicates that traders must closely monitor the level of $ 50,000 as a possible subsequent support zone, with resistance that is likely to be at $ 52,000 in the event of an attempt to recover.

Regarding AI’s news, news of AI’s development was not reported directly on February 5, 2025, which would affect the encryption market. However, the general market morale that is affected by social media can affect the symbols associated with AI, such as Singularitynet (AGIX) and Fetch.AI (Fet). On a tweet, AGIX witnessed a 3.2 % decrease in value, while FET witnessed a decrease of 2.9 %, both after the wider market direction (Source: Coingecko, February 5, 2025, 11:00 am UTC). The relationship between Bitcoin and Tho Tokens Ai was clear, with Person’s connection coefficient of 0.85, indicating a strong positive relationship between price movements (Source: Cryptoquant, February 5, 2025, 12:00 pm UTC). Traders interested in AI-Crypto Crossover may find chances of these symbols if they expect to recover in the broader market. In addition, trading sizes driven by artificial intelligence showed a 15 % increase for the prosecution -related symbols on the main stock exchanges, indicating that algorithm trading strategies were adapting to market conditions (Source: Kaiko, February 5, 2025, 1:00 pm UTC ). Monitoring these folders can provide visions about the potential market transformations that are driven by artificial intelligence trading algorithms.