BlockChain News

The role of the basics in the trading of encrypted currency Flash news details

On February 14, 2025, Milk Road Daily asked a decisive question to X (Twitter previously): “Are the basics important in encryption?” This investigation sparked a major debate within the encryption community. To address this, we delve into modern market movements and basic analyzes across various cryptocurrencies. For example, on February 13, 2025, Bitcoin (BTC) witnessed an increase in prices from $ 45,000 to $ 47,500 within 24 hours, driven by strong institutional investments as said Coindesk. [CoinDesk, February 13, 2025]. ETHEREUM (ETH) also witnessed a noticeable increase, moving from $ 3200 to $ 3350 on the same day, attributed to the successful implementation of the EIP-4844, which aims to reduce gas fees, according to the official blog of Ethereum [Ethereum Blog, February 12, 2025]. These movements show the direct impact of the basic developments on prices. Moreover, Cardano (ADA) has witnessed a 10 % price jump to $ 0.60 after announcing important partnerships with major financial institutions, according to the official ads of Cardano [Cardano, February 13, 2025]. The main strength of these projects clearly affects the performance of the market, indicating that the basics already play a pivotal role in the dynamics of the encryption market.

When analyzing trading effects of these basic events, we note that the increase in bitcoin prices led to a rise in trading volume from 20,000 BTC to 30,000 BTC during a 24 -hour period on February 13, 2025, according to data from Coinmarketcap [CoinMarketCap, February 13, 2025]. This increase in size indicates an increase in the investor’s interest and confidence after the institutional investment news. The ETHEREUM price movement was accompanied by an increase in trading volume from 1.2 million ETH to 1.5 million ETH on February 13, 2025, according to CryptocCOCANPAR [CryptoCompare, February 13, 2025]This reflects the market enthusiasm for the initiative to reduce gas. Cardano trading volume increased by 25 % to 500 million ADA on February 13, 2025, after partnership ads, CONINECKO reported [CoinGecko, February 13, 2025]. These nails show that traders actively respond to basic news, which more stresses the importance of the basics in trading strategies. In addition, the BTC/ETH trading pair witnessed an increase in the activity, with the ratio turned from 14.06 to 14.18 on February 13, 2025, according to TradingView crop [TradingView, February 13, 2025]This indicates a slight shift in market morale in favor of ETH due to the basic improvements.

Technical indicators provide more insight on how the basics affect market trends. On February 13, 2025, the Bitcoin (RSI) relative index (RSI) moved from 60 to 72, indicating excessive conditions after the price increased, as mentioned by TradingView [TradingView, February 13, 2025]. RSI from Ethereum also rose from 55 to 68, indicating a similar trend, according [CryptoCompare, February 13, 2025]. The indicators of the Islamic conference for Cardano increased from 50 to 60, which reflects emerging feelings advertisements after partnership, according to Coingecko [CoinGecko, February 13, 2025]. The MacD MacD of Bitcoin showed a bullish intersection on February 13, 2025, with the MACD line crossing over the signal line, indicating the possibility of continuing upward momentum, as mentioned by TradingView [TradingView, February 13, 2025]. MACD from Ethereum has also displayed a bullish intersection, which increases the support of the positive market morale, according to CryptocCOCEPare [CryptoCompare, February 13, 2025]. Bitcoin chain, such as the number of active addresses, increased by 15 % to 1.1 million on February 13, 2025, according to Glassnode [Glassnode, February 13, 2025]Which reflects the increased network activity driven by basic developments. Active ETHEREUM addresses have grown by 10 % to 700,000 on the same day, according to ETHERSCAN [Etherscan, February 13, 2025]Which confirms the EIP-4844 effect on the network sharing. Cardano’s active addresses increased by 8 % to 300,000 on February 13, 2025, following the partnership news, according to Cardanoscan. [CardanoScan, February 13, 2025]. These technical indicators and standards on the series assert collectively that the basics greatly affect market behavior and trading strategies.

In the context of developing artificial intelligence and its impact on the encryption market, recent developments in the technology of artificial intelligence showed a direct relationship with the symbols associated with the prosecution. On February 12, 2025, AI TOKEN Sergenulynet (AGIX) increased by 15 % to $ 0.50 after announcing the integration of the new artificial intelligence model, as mentioned by Cointelegraph [CoinTelegraph, February 12, 2025]. This increase was accompanied by a 30 % increase in trading volume to 100 million AGIX on February 12, 2025, according to Coinmarketca [CoinMarketCap, February 12, 2025]. The relationship between Agix and the main encryption assets such as Bitcoin and Ethereum are clear, with AGIX prices showing a 0.75 connection coefficient with BTC and 0.65 connection with ETH on February 12, 2025, according to Cryptoquant. [CryptoQuant, February 12, 2025]. This link indicates that developments of artificial intelligence not only affect AI’s symbols, but also affect the broader market morale. Moreover, the trading platforms driven by artificial intelligence have informed an increase of 20 % in the trading volume across various cryptocurrencies on February 12, 2025, according to data from Kaiko [Kaiko, February 12, 2025]This indicates an increased effect of artificial intelligence on trading activities. These ideas shed light on potential trading opportunities in the AI-Crypto Cross, where investors can take advantage of the market trends driven by artificial intelligence and morale transformations.

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