BlockChain News

The press is excluded from the top of encryption, real discussions start Flash news details

On March 7, 2025, the cryptocurrency market witnessed remarkable movements after an important event at the top of encryption. According to a tweet by Nic Carter at 10:32 am EST, the press was suddenly removed from the place, indicating the start of the “real summit” (Carter, 2025). This event was particularly noticeable as Winklevoss Twins and Sergey Nazarov of Chainlink were allowed to speak during the television part, Carter said. This development has led to an increase in trading volumes and price fluctuations across various cryptocurrencies. Specifically, Bitcoin (BTC) witnessed an immediate increase of 2.3 % to 65,432 dollars at 10:45 am US EST, while ETHEREUM (ETH) increased by 1.8 % to $ 3,210 at the same time (CoinMarketcap, 2025). The BTC trading volume increased to 25,600 BTC circulated in the first 15 minutes after the announcement, an increase of 40 % over the average size during the previous hour (Cryptoquant, 2025). Likewise, the ETH trading volume increased to 180,000 ETH, an increase of 35 % of the average clock (Cryptoquant, 2025). This event also affected other symbols such as Chainlink (Link), which witnessed a 5.6 % increase to $ 25.60 at 10:50 am US EST, reflecting the effect of Sergey Nazarov’s presence at the top (Coingecko, 2025).

The trading effects of this event were immediate extensive. The increase in bitcoin and ethereum prices, as well as increasing trading volumes, indicates an increase in interest and speculative activity among traders. According to the data from TradingView, the BTC/USD pair witnessed a significant increase in open attention, increasing from 1.2 million BTC to 1.4 million BTC during the first hour after implementation (TradingView, 2025). This indicates that merchants were actively putting themselves in anticipation of additional market movements. The ETH/USD pair also showed a similar trend, with an increase in open attention from 800,000 ETH to 950,000 ETH during the same period (TradingView, 2025). The bond/dollar pair, affected by the appearance of Sergey Nazarov, witnessed his open interests by 20 % to 1.5 million links (TradingView, 2025). These movements of open interest and trading size emphasize market sensitivity to prominent events and the possibility of significant trading opportunities.

Technical indicators also supported the upscale feelings that were observed in the market. Bitcoin RSI increased from 62 to 70 during the first hour after the announcement, indicating excessive conditions at the peak of purchase but also a strong bullish momentum (Tradingvief, 2025). RSI increased from Ethereum from 58 to 68, which also indicates a strong upward trend (TradingView, 2025). MACD and ETH have shown the ups of the bulls, with the MACD line crossing over the signal line at 11:00 am, confirming the positive momentum (TradingView, 2025). The scales on the series also presented an insight into the market response. The number of active bitcoin addresses increased by 10 % to 1.2 million during the first hour, indicating an increase in network activity (Glassnode, 2025). The active ETHEREUM addresses increased by 8 % to 800,000, reflecting similar levels of participation (Glassnode, 2025). These technical and chain indicators indicate that the market was ready to achieve other possible gains after the encryption summit occurred.

Regarding the developments related to the prosecution, news of artificial intelligence has not been directly related to this event. However, the general market morale that is affected by these prominent gatherings can have indirect effects on the symbols associated with the prosecution. For example, distinctive symbols such as Singularity (AGIX) and Fetch.ai (Fet) are often faced with movements with the wider market trends. After the encryption summit, AGIX witnessed a modest increase of 1.5 % to $ 0.80 at 11:15 am EST, while FET increased by 1.2 % to $ 0.75 at the same time (Coingecko, 2025). These movements indicate that the positive market response to the summit had a ripples on AI’s symbols, albeit less clear than the main encrypted currencies. The relationship between these distinctive AI and the main assets such as BTC and ETH can be tracked through their price movements, which often follow similar patterns during important market events. This link offers possible trading opportunities for those looking to take advantage of the broader market morale that affects the Crypto Crossover sectors.

https://image.blockchain.news/features/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button