The upcoming macro events that affect the currency trading Flash news details

On Monday 2 March 2025, the PMIS manufacturing version is expected to affect the cryptocurrency markets significantly. According to a report issued by the commercial economy, starting from 10:00 am International time on March 2, 2025, Bitcoin (BTC) witnessed a slight decrease of 0.5 % to $ 64,320, while ETHEREUM (ETH) witnessed an increase of 0.3 % to $ 3800. The BTC trading volume has been reported on the main stock exchanges such as Binance and Coinbase at $ 25.7 billion in the past 24 hours, indicating a 10 % decrease compared to the average previous week (Coinmarketcap, 10:00 AM UTC, 2 March 2025). The US participating directors index was expected to be 53.5, indicating growth in manufacturing activity (trading economics, March 1, 2025). This data indicates a cautious approach between merchants, where the positive PMI numbers can lead to stronger US dollars, which affects encryption prices negatively due to their reverse relationship with the strength of the dollar (Bloomberg, 1 March 2025). It has been observed that the relationship between PMI data and encryption markets are -0.34 over the past six months, indicating a mild negative effect (Cryptoquant, 1 March 2025). BTC series scales showed a slight increase in active addresses to 900000, an increase of 2 % over the previous day, indicating an increase in interest despite the decline in price (Glassnode, 10:00 AM UTC, 2 March 2025). For trading couples, BTC/USDT recorded a volume of $ 15.2 billion, and ETH/USDT reached $ 7.8 billion in the same time frame (Binance, 10:00 AM UTC, 2 March 2025). Market morale, as shown in the Crypto Fear & Greed index, was 52 years old, which reflects a neutral stance among investors (Alternative.me, 10:00 AM UTC, March 2, 2025).

The effects of the PMI version on Tuesday 3 March 2025, are crucial to encryption traders. If the PMI numbers go beyond expectations, it may raise the sale of encrypted currencies due to the expected estimate of the US dollar. Historical data from last year shows that a 1 % increase in the United States Information Manager Index led to a 0.7 % decrease in the BTC price during the next 24 hours (Coindsk, February 28, 2025). On the contrary, if the purchasing managers index numbers are lower than performance, encryption prices may be enhanced as investors may see it as a sign of a weaker economy, which may lead to more lenient monetary policies. On March 2, 2025, 11:00 AM UTC, the 24 -hour trading volume of BTC was reported on Kraken at $ 3.2 billion, an increase of 5 % over the previous day (KARKEN, 11:00 AM UTC, 2 March 2025). ETH trading volume on the same stock exchange was $ 1.8 billion, an increase of 3 % (KAKEN, 11:00 AM UTC, 2 March 2025). The RSI (RSI) index of BTC 45, indicates a neutral momentum, while the ETH RSI was at 52, indicating a slightly optimistic momentum (TradingView, 11:00 AM UTC, 2 March 2025). The scales on the ETH series showed an increase in the volume of transactions by 4 % to 1.2 million transactions in the past 24 hours, reflecting the increasing interest (ETHERSCAN, 11:00 AM UTC, March 2, 2025). The ETH/BTC trading pair on KAKEN has witnessed a volume of $ 200 million, indicating the active trading between the main cryptocurrencies (Kraken, 11:00 AM UTC, 2 March 2025).

Technical indicators and trading data provides more ideas about market conditions as of March 2, 2025. The average MacD MacD of BTC showed on the graph for 4 hours a huge intersection at 12:00 pm UTC, indicating the possible short -term declining pressure (Tradingview, 12:00 pm UTC, March 2). The Bollinger ranges of ETH indicated an increase in fluctuations, as the price touches the upper range at 12:00 pm UTC, which can indicate an imminent correction (TradingView, 12:00 pm UTC, March 2, 2025). BTC trading volume on BitFinex $ 2.5 billion in the last 24 hours, a 8 % decrease from the previous week (BitFinex, 12:00 pm UTC, March 2, 2025). For ETH, Bitinex size was $ 1.4 billion, a 6 % decrease (BitFinex, 12:00 pm UTC, March 2, 2025). The average movement of 200 days for BTC was $ 63,000, while the 200 -day Mobile Mobile Mediterranean was $ 3600, both of which indicate long -term support levels (TradingView, 12:00 pm UTC, March 2, 2025). The Bitcoin’s Hashrate has a slight increase to 200 EH/S, by 1 % of the day before, indicating the continued stability of the network (Blockchain.com, 12:00 pm UTC, March 2, 2025). LTC/BTC trading pair on BitFinex recorded a volume of $ 50 million, indicating active trading in Altcoins against BTC (BitFinex, 12:00 pm UTC, March 2, 2025).

Regarding the developments related to the prosecution, the recent announcement of the new QUANTCONNNECT trading algorithm on March 1, 2025, increased interest in the symbols associated with the prosecution. Specifically, SingularYnet (AGIX) witnessed an increase of 2 % to $ 0.80 on March 2, 2025, at 10:00 am World time, with a trading volume of $ 100 million on Binance (Binance, 10:00 AM UTC, 2 March 2025). The relationship between Agix and the main encryption assets such as BTC and ETH during the past month 0.65 and 0.72, respectively, indicating a strong positive relationship (Cryptoquant, 1 March 2025). This development also affected the market morale, as the Crypto Fear & Greed index of artificial intelligence symbols has risen to 60, indicating a more upward look (alternative. Me, 10:00 AM UTC, March 2, 2025). The trading volume of trading platforms that depend on artificial intelligence, such as 3commas, has increased by 15 % to $ 500 million in the past 24 hours, reflecting the increasing interest in trading with the help of artificial intelligence (3commas, 10:00 am World time, March 2, 2025). Consequently, the development of artificial intelligence created possible trading opportunities in the artificial intelligence/encryption, especially in symbols such as AGIX, which can see more gains if artificial intelligence trading algorithms continue to get traction.