On March 4, 2025, the cryptocurrency market experienced significant volatility, reflecting wider financial market trends, as reported by Kobeissi’s letter on X (Twitter) (Kobeissi, 2025). Bitcoin (BTC) experienced a sharp decline, from $ 65,000 to $ 60,000 in 24 hours, as CoinmarketCap reported at 10:00 am (CoinmarketCap, 2025). Ethereum (ETH) followed suit, going from $ 3,500 to $ 3,200 during the same period (Coingecko, 2025). The volume of trading against BTC increased to USD 25 billion, an increase of 40% compared to the day before, indicating an increased market activity (Cryptocompare, 2025). This volatility can be attributed to the broader feeling of the market allocated by the drop in technological shares and oil prices, as well as the rise in gold prices and obligations (Kobeissi, 2025). The fear and uncertainty of the traditional markets have spread on the cryptography market, forcing investors to reassess their positions in the middle of global economic agitation (Bloomberg, 2025).
The commercial implications of this market event were deep. The Bitcoin-to-Ethereum trading pair (BTC / ETH) experienced a notable change, the ratio going from 18.57 to 18.75, indicating a slight underperformance of Ethereum compared to Bitcoin (tradingView, 2025). This change suggests that investors were looking for the relative security of Bitcoin in the middle of the agitation on the market (Coindesk, 2025). Bitcoin-Tether pair (BTC / USDT) also experienced increased volatility, the fluctuating price between $ 60,000 and $ 61,000 throughout the day, reflecting market indecision (Binance, 2025). The metrics in the lead also highlighted the reaction of the market, the Bitcoin network having experienced a peak volume of transactions at 350,000 transactions per day, an increase of 20% compared to the day before, indicating an increased activity and a sale of potential panic (blockchain.com, 2025). The Ethereum network has also experienced an increase in gas fees, from 20 GWEI to 30 GWEI, suggesting congestion and increased network transactions (Etherscan, 2025).
The technical indicators provided an additional overview of the market management. The relative resistance index (RSI) for Bitcoin went from 70 to 55 within 24 hours, indicating a passage from neutral territory to neutral territory (TradingView, 2025). The divergence of Mobile Average Convergence (MacD) for Ethereum has shown a lowering crossing, the MacD line moving under the signal line, suggesting a more downward potential (Coirigy, 2025). Bollinger strips for Bitcoin have widened, the upper band from $ 67,000 to $ 68,000 and the lower band from $ 58,000 to $ 56,000, indicating increased volatility (Investing.com, 2025). Trading volumes on the main exchanges like Binance, Coinbase and Kraken increased on average by 30%, Binance recording a commercial volume of USD 15 billion for BTC / USDT, USD 5 billion Coinbase for BTC / USD and Kraken at 3 billion USD for ETH / USD (Cryptocomampare, 2025). These indicators and volumes suggest that the market is in a state of flow, investors reacting to broader economic conditions.
In terms of AI-related developments, a recent AI Insights report highlighted the launch of a new commercial platform led by AI, which experienced a 10% increase in trading volume against tokens related to AI like Singularitynet (Agix) and Fetch.ai (FET) (AI Insights, 2025). The launch of this platform coincided with an increase of 5% of Agix from $ 0.50 to $ 0.525 and a 7% increase in $ 0.70 to $ 0.75 on March 4, 2025, at 2:00 p.m. (CoinmarketCap, 2025). The correlation between the developments of the AI and the feeling of the crypto market was obvious, because the global feeling of the market towards the AI tokens has remained positive despite the wider slowdown in the market (Cryptoante, 2025). The increase in commercial volume in AI tokens suggests that investors are looking for opportunities in AI-focused projects, potentially as a blanket against the volatility of traditional cryptocurrencies (Cointelegraph, 2025). This trend indicates an increasing interest in the crossing of IA-Crypto, which could provide trading opportunities for those who seek to diversify their wallets in the middle of market uncertainty (The Block, 2025).
