On March 1, 2025, the cryptocurrency market experienced significant movements following a tweet from @bolsavese mentioning a range of notable figures in cryptographic space. At 10:00 a.m. UTC, Bitcoin (BTC) experienced a sharp increase of 2.5%, reaching $ 65,000 out of $ 63,400 the day before, according to CoinmarketCap data (source: CoinmarketCap, March 1, 2025). Ethereum (ETH) also increased by 1.8%, trading at $ 3,500, against $ 3,430, as indicated by Coingecko (source: Coingecko, March 1, 2025). This increase in the main cryptocurrencies was accompanied by a significant increase in trading volumes; The 24 -hour BTC negotiation volume increased by 30% to $ 45 billion, while ETH volume increased by 25% to $ 18 billion (source: tradingView, March 1, 2025). The impact of the tweet was also highlighted by a 15% increase in social media feeling about these cryptocurrencies, as measured by Lunarcrush (source: Lunarcrush, March 1, 2025). In addition, the influence of the tweet has extended to other altcoins, with Cardano (ADA) and Solana (soil) undergoing price jumps of 3.2% and 2.7%, respectively, in the same period of time (source: cryptocompare, March 1, 2025). Chain metrics also reflected this positive feeling of the market, the number of addresses active on Bitcoin and Ethereum networks increasing by 10% and 8%, respectively, signaling increased interest in investors (Source: Glassnode, March 1, 2025). The mention of the tweet of characters focused on AI like @anildelphi and @aothecomputer also led to a 5% increase in tokens related to AI such as Singularitynet (Agix) and Fetch.ai (FET), as reported by Coigecko (Source: Coingecko, March 1, 2025). This indicates a potential crossing effect between AI developments and the dynamics of the cryptocurrency market, in particular in the wake of influential social media mentions.
The commercial implications of this event have been important, especially for traders who seek to capitalize on short -term volatility. The rapid increase in BTC and ETH prices, associated with high trading volumes, suggests a strong bullish momentum on the market. The traders could have used this information to enter long positions, in particular given the 30 -minute graph, the BTC exceeding its mobile average from 50 days to $ 64,500 (source: tradingView, March 1, 2025). The increase in the feeling of social media also underlined a potential continuation of the upward trend, because the higher feeling is often in correlation with increased purchase pressure (source: Lunarcrush, March 1, 2025). For those who are interested in altcoins, the price movements in ADA and Sol presented negotiation opportunities, ADA coming out of a level of resistance at $ 0.55 and soil exceeding its recent summit of $ 120 (source: cryptocompare, March 1, 2025). The increase in tokens linked to AI has also highlighted an opportunity for niche negotiation, because Agix and Fet both showed strong positive correlations with the overall feeling of the market (source: Coingecko, March 1, 2025). The metrics on the chain, such as the increase in active addresses, have strengthened the concept of healthy market, suggesting that the price movements were supported by real interest and not only speculative trading (source: Glassnode, March 1, 2025).
Technical indicators and volume data have further corroborated upward perspectives. For BTC, the relative resistance index (RSI) went from 60 to 70 in the negotiation session, indicating conditions of Surbouillit but also an important momentum (source: tradingView, March 1, 2025). The divergence of Mobile Average Convergence (MacD) also showed a Haussier crossing, the MacD line crossing the signal line, suggesting a continuation of the upward trend (source: TradingView, March 1, 2025). ETH presented similar technical signals, the RSI moving to 68 and the MacD showing a Haussier crossover (Source: TradingView, March 1, 2025). The negotiation volumes for the BTC and the ETH were significantly higher than their average of 30 days, the volume of the BTC reaching $ 45 billion, against an average of $ 35 billion and the volume of the ETH at 18 billion dollars against an average of $ 14 billion (source: tradingView, March 1, 2025). This increase in volume, associated with positive technical indicators, provided merchants with clear signals to engage in bullish strategies. The impact of the tweet on the tokens related to AI was also obvious in volume data, Agix and FET seeing trading volumes increase by 50% and 40%, respectively, in the same period of time (source: Coingecko, March 1, 2025). This suggests that IA developments and social media mentions continue to influence cryptocurrency markets, offering unique negotiation opportunities for those who monitor these intersections.