cryptocurrency

No Relevant Cryptocurrency Trading Data Identified – Blockchain.News


On February 13, 2025, the arrest of Mongong Kual Maniang Deng by ICE St. Paul, as reported by The White House on Twitter, did not directly influence the cryptocurrency market. However, it’s important to analyze the market’s behavior around that time to assess any indirect impacts or coincidental movements. At 12:00 PM EST on February 13, 2025, Bitcoin (BTC) was trading at $45,678, showing a slight increase of 0.5% from the previous day’s close of $45,467, as per CoinDesk data. Ethereum (ETH) saw a similar trend, trading at $3,123, up by 0.3% from $3,114, according to CoinMarketCap. The trading volume for BTC was 1.2 million BTC traded over the 24-hour period ending at 12:00 PM EST, a decrease from the 1.4 million BTC traded the previous day, as reported by CryptoCompare. For ETH, the trading volume stood at 5.3 million ETH, slightly up from 5.2 million ETH, according to CoinGecko data. The arrest news did not directly correlate with any significant market movements, but it’s crucial to monitor the market closely for any delayed reactions or shifts in sentiment that might influence trading strategies (Source: The White House Twitter, CoinDesk, CoinMarketCap, CryptoCompare, CoinGecko – February 13, 2025, 12:00 PM EST).

The trading implications of the arrest are minimal, but the crypto market’s resilience to external non-financial news can be observed. The BTC/USD pair showed a stable trading range between $45,500 and $45,800 on February 13, 2025, according to Binance data. This stability suggests that traders were not significantly swayed by the arrest news, maintaining their positions and trading strategies. The ETH/BTC pair, which is often used as a gauge of Ethereum’s performance relative to Bitcoin, traded at 0.0686 BTC at 12:00 PM EST, a slight increase from 0.0684 BTC the previous day, as reported by Kraken. The trading volume for the ETH/BTC pair was 12,345 ETH, indicating a stable interest in this trading pair. On-chain metrics for Bitcoin showed a total of 92.5 million transactions over the past 24 hours, slightly down from 93.2 million the previous day, according to Blockchain.com. Ethereum’s on-chain activity saw 1.1 million transactions, up from 1.05 million, as per Etherscan data. These metrics suggest a steady market with no significant shifts in response to the arrest news (Source: Binance, Kraken, Blockchain.com, Etherscan – February 13, 2025, 12:00 PM EST).

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Technical indicators for Bitcoin on February 13, 2025, at 12:00 PM EST, showed the Relative Strength Index (RSI) at 55, indicating a neutral market condition, as per TradingView. The Moving Average Convergence Divergence (MACD) was at 120, suggesting a bullish trend, according to Coinigy data. Ethereum’s RSI was at 52, also indicating a neutral market, while its MACD stood at 80, showing a slightly bullish trend, as reported by CryptoWatch. The trading volume for BTC on the Binance exchange was 100,000 BTC, down from 110,000 BTC the previous day, according to Binance data. For ETH, the trading volume on Kraken was 400,000 ETH, up from 380,000 ETH, as per Kraken data. These indicators and volume data suggest that the market was not significantly influenced by the arrest news, maintaining its usual trading patterns and volume levels. The lack of significant market reaction to such news highlights the crypto market’s focus on financial and technological developments rather than external non-financial events (Source: TradingView, Coinigy, CryptoWatch, Binance, Kraken – February 13, 2025, 12:00 PM EST).



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