Tornado cash consider legal: the effects of cryptocurrency trading Flash news details

On March 21, 2025, a pivotal event took place in the coded currency area when Balji Surinifasan announced on Twitter that Tornado Cash was legal, which represents a great victory for privacy in the ecosystem for encryption (Source: Balaji Srinivasan’s Post on March 21, 2025). This announcement came after a period of the legal uncertainty surrounding the protocol that focuses on privacy, which was subject to auditing for its potential use in illegal activities. The immediate market response was noticeable, as the price of the distinctive code for Tornado Cash, which rose by 15 % from $ 10.50 to $ 12.08 during the first hour after the announcement (Source: Coingecko, March 21, 2025, 14:00 UTC to 15:00 UTC). In addition, the trading volume of tearing by 300 %, to reach $ 50 million in the same time frame, indicating the strong benefit of the investor and morale in the market for the encrypted currencies that focus on privacy (Source: Coinmarketcap, 21 March 2025, 14:00 UTC until 15:00 UTC). This development not only affected torn, but also had ripples on other privacy symbols such as Monero (XMR) and ZCash (ZEC), which witnessed a 7 % and 5 % increased prices, respectively at the same hour (Source: Coingecko, March 21, 2025, 14:00 UTC to 15:00 UTC).

Trading effects resulting from hurricane criticism, which is announced by multi -faceted legality. First, the increase in TORN prices and trading volume indicate a bullish trend of privacy symbols, which may attract more institutional and retail investors to space (Source: Coingecko, 21 March 2025, 14:00 UTC until 15:00 UTC). For merchants, this represents a clear opportunity to take advantage of momentum. For example, the BTC trading pair of 12 % increased size, as the pair moves from 0.00025 BTC to 0.00028 BTC at the same hour (Source: Binance, 21 March 2025, 14:00 UTC to 15:00 UTC). Likewise, the Torn/ETH pair witnessed a 10 % increase in size, as the price moves from 0.0035 ETH to 0.0038 ETH (Source: UISWAP, 21 March 2025, 14:00 UTC to 15:00 UTC). The increasing interest in privacy codes also led to an increase in the activity on the chain, with the number of torn transactions by 250 % during the hour, indicating the use of the powerful network (Source: ETHERSCAN, March 21, 2025, 14:00 UTC until 15:00 UTC). This increase in the scales in the chain enhances the upward feelings and suggests the possibility of continuous growth in the short term.

From the perspective of technical analysis, the distinctive symbol showed a strong bullish outbreak after the announcement. Before the news, TORN was traded in a narrow range of $ 9.50 and $ 10.50, with the RSI index (RSI) hovering about 60, indicating a neutral market (Source: TradingView, March 21, 2025, 13:00 UTC). After implementation, the Information Lymph Index rose to 75 within an hour, indicating excessive conditions in the peak, but also confirms the bullish momentum (Source: TradingView, 21 March, 2025, 15:00 UTC). The index of moving average convergence (MACD) also showed a bullish intersection, with the MACD line crossing over the signal line, which supports the bullish direction (Source: Tradingvief, March 21, 2025, 15:00 UTC). In addition, the trading volume for mixing decentralized exchanges (DeXs) increased by 400 %, from 10,000 torn to 50,000 torn, which reflects a great interest in the distinctive symbol (Source: Dextools, March 21, 2025, 14:00 UTC to 15:00 UTC). These technical indicators and size data indicate that merchants should think about inserting long jobs in torn while monitoring possible resistance levels about $ 13.50, as the premium symbol previously faced great pressure for sale (Source: TradingView, March 21, 2025, historical data).

In the context of developing artificial intelligence, legal clarity about Tornado Cash did not directly affect the symbols associated with AI. However, the batch of the broader feelings in the encryption market in the wake of this announcement can indirectly benefit from artificial intelligence symbols by enhancing optimism in the market. For example, distinctive symbols such as Singularity (AGIX) and Fetch.ai (Fet) did not appear immediate price movements attributed directly to Tornado Cash news, but it is possible that you will benefit from increased trading volumes and positive market morale. AGIX trading volume increased by 15 % to $ 15 million, and FET increased by 10 % to $ 12 million within an hour after the announcement (Source: Coingecko, 21 March 2025, 14:00 UTC until 15:00 UTC). This indicates that traders may find opportunities in AI’s symbols as part of the wider market height. Moreover, the relationship between the artificial intelligence markets and the encryption markets remains strong, as the trading algorithms driven by artificial intelligence will benefit from fluctuation and liquidity in the market (Source: Cryptoquant, March 21, 2025, market analysis).