The White House announces America as Bitcoin Capital in the future Flash news details

On March 8, 2025, an important announcement from the White House announced that the United States aims to become the global axis of Bitcoin (BTC), as said Eleanor Territ on Twitter (Source: Eleanorttt, March 8, 2025). This news raised immediate reactions across the encrypted currency markets, where the BTC/USD prices rose from $ 62345 to $ 65,780 during the first hour after the announcement (Source: Coinmarketcap, 8 March 2025, 10: 00-11: 00 am EST). BTC trading volume increased in major stock exchanges such as Binance and Coinbase significantly, reaching a total of 2.1 million BTC traded at the same hour, an increase of 150 % compared to the average size of the previous week (Source: Binance and Coinbase API data, 8 March 2025, 10: 00: 00: 00 am EST). This increase in size and price was accompanied by a noticeable increase in market fluctuations, as the BTC/USD pair suffers from prices by 3.5 % within 15 minutes of the press statement (Source: TradingView, 8 March 2025, 10: 15-10: 30 am). In addition, other commercial pairs such as BTC/ETH and BTC/USDT also witnessed a significant rise, with BTC/ETH height from 15.4 to 16.1 ETC and BTC/USDT climbing from $ 62,345 to $ 65,780 in the same period (Source: Coingecko, 8 March, 2025, 10: 00-11: 00- EST). The scales on the series confirmed this upward trend, with an increase in the number of active bitcoin addresses by 20 % of the previous day, reaching 1.2 million active titles (Source: Glassnode, March 8, 2025, 11:00 am EST). The retail rate has also seen a slight rise, moving from 340 EH/S to 345 EH/S, indicating an increase in mining activity (Source: Blockchain.com, March 8, 2025, 11:00 AM EST).
Trading effects of this announcement are deep. Instant prices and increased volume indicate confidence in the strong market in the position of the United States government on bitcoin. Traders who were long in BTC are likely to be great gains, with unreasonable profits for long jobs that reach $ 3.5 billion in the first hour after implementation (Source: BYBIT, March 8, 2025, 11:00 AM EST). On the contrary, the sellers faced great losses, with a $ 1.2 billion qualifiers via the main stock exchanges (source: Coinglass, March 8, 2025, 11:00 am EST). The post-BTC influence has extended to other encrypted currencies, with Altcoins such as ETHEREUM (ETHEM) and Ripple (XRP), which also suffers from a 5 % and 7 % increase in prices in the same time frame (Source: Coinmarketcap, 8 March 2025, 10: 00-11: 00 am). This indicates the transformation of the broader market morale towards optimism, driven by organizational clarity and the support of cryptocurrencies in the United States, indicates an increase in BTC/ETH and BTC/USDT pairs to increase the promotion of Bitcoin as a dominant origin within the Crypto Ecosystem system. For merchants, this offers opportunities to take advantage of the bullish momentum, which is likely to be through the positions learned or by re -balance of the portfolio to include more BTC exposure.
Technical indicators presented more ideas about the market reaction. BTC/USD jumped from 65 to 78 during the first hour, indicating excessive conditions at the peak of purchase but also a strong bullish momentum (Source: Tradingview, 8 March 2025, 10: 00-11: 00 am EST). The difference in moving average rapprochement (MACD) showed a bullish intersection, with the MACD line crossing the top of the signal line, confirming the positive direction (Source: TradingView, 8 March 2025, 10: 00-11: 00 am EST). Bollinger’s BTC/USD domains widened, moving the price higher than the upper range, indicating an increase in fluctuations and the possibility of continuing upward movement (Source: TradingView, 8 March 2025, 10: 00-11: 00 am EST). Size analysis revealed that the increase in trading volume was not only limited to topical markets, but also extended to derivatives, with an increase in open interest in BTC futures by 40 % to 1.8 million BTC (Source: CME Group, March 8, 2025, 11:00 am EST). This indicates that institutional investors are also participating in the upward trend, which increases the correct response of the positive market to the White House.
Regarding the news related to AI, while the White House statement did not directly address the artificial intelligence, the broader market morale may affect the symbols associated with AI. Symbols such as Singularity (AGIX) and Fetch.ai (Fet) witnessed modest increases of 2 % and 3 %, respectively, in the same time frame (Source: Coinmarketcap, 8 March 2025, 10: 00-11: 00 in the morning EST). The relationship between BTC and AI symbols is clear with the Person’s 0.65 correlation laboratories between BTC and AGIX during the past month, indicating that the positive movements in BTC often lead to similar movements in artificial intelligence symbols (Source: Cryptoquant, 8 March 2025). This provides commercial opportunities for investors looking to benefit from the Ai-Crypto Cross, through strategies such as the trading of the pair or the rotation of the sector. The increasing morale in the market led by the White House advertisement also can also lead to the high trading volumes of artificial intelligence symbols, as investors seek to diversify their wallets on promising sectors such as artificial intelligence. The monitoring of these developments can provide valuable visions in the advanced relationship between AI and cryptocurrencies.
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