The US House of Representatives launching congressional encryption gatherings Flash news details

On March 3, 2025, a major development was announced in the organizational scene of the encrypted currency through a tweet by Eleanortertt, saying that the US House of Representatives would launch a group of two parties in Congress, March 3, 2025). This news was shared by Accountbtc_Archive on X (previously Twitter) at 14:30 World time. After the announcement, the cryptocurrency market witnessed immediate reactions with Bitcoin’s height (BTC) from $ 60123 to 61,450 dollars in the first hour after tweet (Source: Coinmarketcap, 3 March 2025, 14: 30-15: 30 UTC). ETHEREUM (ETH) also witnessed a similar trend, as it increased from $ 3,500 to $ 3,620 during the same time frame (Source: Coingecko, 3 March 2025, 14: 30-15: 30 UTC). Other major cryptocurrencies such as Cardano (ADA) and Solana (Sol) followed their example, as ADA jumps from $ 0.55 to $ 0.58 and Sol from $ 120 to $ 124 (Source: CryptocCOSPare, 3 March 2025, 14: 30-15: 30 UTC). The total market value of encrypted currencies increased by 2.5 % during this period, which reflects a positive transformation of feelings (Source: Coinmarketcap, 3 March 2025, 14: 30-15: 30 UTC).

The creation of the encryption gathering in Congress has direct trading effects, as it indicates a potential shift towards more suitable organizational environments in the United States. This development is likely to enhance investor confidence, which increases trading volumes and price fluctuation. On March 3, 2025, between 14:30 and 15:30 World time, BTC trading sizes rose from 12000 BTC to 15000 BTC on major stock exchanges such as Binance and Coinbase (Source: Coinmarkcap, 3 March 2025, 14: 30-15: 30 UTC). Likewise, ETH trading volumes increased from 80,000 ETH to 95000 ETH during the same period (Source: Coingecko, 3 March 2025, 14: 30-15: 30 UTC). The BTC/USD trading pair has witnessed an increase in the size of 20 %, while ETH/USD witnessed a 15 % increase, indicating an increase in interest and activity in these major commercial husbands (Source: CryptocCCOMPare, 3 March 2025, 14: 30-15: 30 UTC). This increase in trading activity is a clear reaction in the market to the news, indicating that traders amend their positions in anticipation of a more appropriate legislative environment for encryption.

Technical indicators also reflect the market response to the advertisement of encryption in Congress. On March 3, 2025, at 15:00 UTC, the RSI ROC index (RSI) rose from 55 to 68, indicating a move towards an excessive timing zone (Source: TradingView, 3 March 2025, 15:00 UTC). The Macd MacD Spacing (MACD) of ETH showed a bullish cross, with the MACD line crossing the top line at 15:15 UTC (Source: TradingView, 3 March 2025, 15:15 UTC). The scales on the series increase the emphasis on the upscale feelings, with the number of BTC addresses increased by 5 % during the first hour of the advertisement, from 800,000 to 840,000 (Source: Glassnode, 3 March 2025, 14: 30-15: 30 UTC). The average value of the transaction for ETH also witnessed an increase, as it moved from $ 1,200 to $ 1300 during the same period (Source: Glassnode, 3 March 2025, 14: 30-15: 30 UTC). These technical indicators and the series indicate a strong reaction in the market to the news, as traders themselves define possible future gains.

Although this news is not directly related to the developments of artificial intelligence, the broader market morale that is affected by organizational changes can affect the symbols associated with AI. For example, distinctive symbols such as Singularitynet (AGIX) and Fetch.ai (Fet) have seen an increase in 3 % and 2.5 % prices, respectively, after advertising (Source: Coinmarketcap, 3 March 2025, 14: 30-15: 30 UTC). The relationship between the main cryptocurrencies and artificial intelligence symbols were clear, with the hearing of the correlation between BTC and AGIX from 0.7 to 0.85 during this period (Source: Cryptoquant, 3 March 2025, 14: 30-15: 30 UTC). This indicates that the positive regulatory news of encrypted currencies can enhance the performance of the acting distinctive symbols, which provides opportunities to trade in the Crypto Ai-Crypto space. Monitoring these links and morale transformations can help traded in determining possible entry and exit points in the market.