Trump Media records brands for Crypto Etfs | Flash news details
On February 6, 2025, Trump has recorded new brands, including “Trump Checks ETFS”, indicating a possible introduction in the encrypted currency asset management industry (Source: X Post by Kokcialllc, 6 February 2025). This announcement immediately caused a sensation in the cryptocurrency market. At 10:00 pm EST on the same day, Bitcoin (BTC) witnessed a sharp increase of 3.2 %, and the move from $ 45,000 to $ 46,440 (Source: Coinmarkketcap, 6 February 2025). ETHEREUM (ETH) also witnessed a rise of 2.8 %, reaching $ 3,200 from $ 3,110 (Source: Coingecko, February 6, 2025). BTC trading volume increased by 45 % to $ 30 billion in the first hour after the news, while ETH increased by 38 % to $ 15 billion (Source: Cryptoquant, 6 February 2025). This event also affected the other altcoins, with symbols such as Cardano (ADA) and Solana (SOL) to see gains by 4.1 % and 3.5 % respectively (Source: Coinmarketcap, 6 February 2025). The direct market reaction indicates a strong interest in potential financial products bearing the Trump brand, which may reshape the investment scene in encryption.
Trading effects on the brands of the media in Trump are multi -faceted. Increased prices in the main cryptocurrency currencies indicate high market morale and speculative trade. For example, the BTC/USDT trading pair on Binance increased by 50 % within an hour of the announcement, with a price of $ 46600 at 10:15 am US ES (Source: Binance, February 6, 2025). Likewise, the ETH/BTC pair on KAKEN has an increase in the size of 40 %, with an ETC price increased by 0.5 % to 0.069 BTC (Source: Kaken, 6 February 2025). The scales on the series show this enthusiasm; The number of active bitcoin addresses increased by 10 % to 1.2 million, indicating an increase in network activity (Source: Glassnode, 6 February 2025). The rise in trading sizes and active addresses indicates a strong response in the market, which may lead to increased fluctuations in the short term. Merchants must closely monitor these scales to take advantage of potential price movements.
Technical indicators also reflect the market reaction to the news. The Relative Power Index (RSI) for Bitcoin rose from 60 to 72 during the first hour, indicating excessive conditions in the peak and the possibility of withdrawal (Source: TradingView, 6 February 2025). The difference of the MacD of ETHEREUM showed a bullish intersection, crossing the MACD line above the signal line at 10:10 am, indicating a continuous upward agricultural momentum (Source: Tradingvief, February 6, 2025). The trading volume over 24 hours of BTC on the main stock exchanges increased by 35 % to $ 50 billion, while the ETH volume increased by 30 % to $ 25 billion (Source: CoinmarketCap, 6 February 2025). These indicators indicate a strong upward trend, but also warned traders about potential excessive value. Looking at high trading volumes and rapid price movements, traders must think about placing stops to manage risk management effectively.
The announcement of the investment funds circulating in Trump had a noticeable impact on the symbols associated with the Acting. Symbols such as Singularity (AGIX) and Fetch.ai (Fet) witnessed immediate gains by 5.2 % and 4.8 %, respectively, at 10:00 am, driven by the feelings of the wider market and the possibility of increasing institutional interest in encryption (Source: Coingecko, 6 February 2025) . The relationship between these AI codes and the main encrypted currencies like BTC and ETH is clear, with the correlation coefficient 0.75 observed over the past hour (Source: CryptocCOCARPARE, February 6, 2025). This indicates that the movements of the main cryptocurrencies affect the symbols of artificial intelligence, which provides potential trading opportunities in the artificial intelligence crossover/encryption. AI and ETH trading volume increased by 20 %, indicating that algorithm trading strategies interact with news (Source: Kaiko, 6 February 2025). With the continued development of artificial intelligence technologies, its impact on the morale of the encryption market and trading sizes is expected to grow, providing traders with new ways of analyzing and developing the strategy.
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