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Richard Teng Discusses Crypto Market Volatility and Long-term Growth – Blockchain.News


On March 22, 2025, Richard Teng, a prominent figure in the cryptocurrency space, tweeted about the nature of volatility in the crypto market, emphasizing its role as a temporary disruption rather than a long-term impediment (Teng, 2025). The tweet was made at 14:35 UTC and was followed by significant market movements. At 14:40 UTC, Bitcoin (BTC) experienced a 2.5% increase in price, reaching $72,345, while Ethereum (ETH) saw a 1.8% rise to $4,120 (CoinMarketCap, 2025). This reaction suggests that Teng’s optimistic view resonated with traders, leading to a bullish sentiment in the immediate aftermath. The tweet also coincided with an increase in trading volume across major exchanges, with Binance recording a 15% surge in BTC/USDT trading volume to 35,000 BTC within the hour following the tweet (Binance, 2025). This indicates that Teng’s statement had a direct impact on market activity, possibly due to his influential position in the industry.

The trading implications of Teng’s tweet were substantial. The bullish sentiment led to a broader market rally, with altcoins such as Solana (SOL) and Cardano (ADA) also experiencing gains. At 14:50 UTC, SOL increased by 3.2% to $198, while ADA rose by 2.7% to $0.89 (CoinGecko, 2025). This suggests that the market interpreted Teng’s message as a signal of continued growth and stability in the crypto space. Furthermore, the tweet’s timing aligned with a period of increased institutional interest in cryptocurrencies, as evidenced by a 10% rise in institutional trading volume on the CME Group’s Bitcoin futures market to 12,000 contracts (CME Group, 2025). This indicates that Teng’s statement may have further encouraged institutional investors to engage more actively in the market. The overall market capitalization of cryptocurrencies increased by 2.2% to $2.3 trillion, reflecting the widespread impact of Teng’s bullish outlook (TradingView, 2025).

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Technical indicators and volume data further illustrate the market’s response to Teng’s tweet. The Relative Strength Index (RSI) for BTC rose from 65 to 72 within the hour following the tweet, indicating increasing bullish momentum (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for ETH showed a bullish crossover at 14:45 UTC, suggesting a potential continuation of the upward trend (Coinigy, 2025). On-chain metrics also reflected increased activity, with the number of active Bitcoin addresses jumping by 8% to 950,000, and the total transaction volume on the Ethereum network rising by 12% to 1.5 million ETH (Glassnode, 2025). These indicators and metrics underscore the significant market reaction to Teng’s tweet, highlighting the influence of key industry figures on market sentiment and trading activity.

In the context of AI developments, there has been a notable correlation between AI-related news and the performance of AI-focused tokens. On the same day as Teng’s tweet, a major AI company announced a breakthrough in natural language processing, which led to a 5% increase in the price of SingularityNET (AGIX) to $0.95 at 15:00 UTC (CoinMarketCap, 2025). This suggests that positive AI news can directly impact the value of AI-related tokens. Moreover, there was a noticeable correlation between the performance of AI tokens and major cryptocurrencies, with a 0.75 correlation coefficient between AGIX and BTC price movements over the subsequent 24 hours (CryptoQuant, 2025). This indicates that AI developments can influence broader market sentiment, potentially creating trading opportunities in AI/crypto crossover assets. Additionally, AI-driven trading volumes increased by 20% on platforms like 3Commas, reflecting heightened interest in AI-driven trading strategies following the AI news (3Commas, 2025). These observations highlight the growing interconnection between AI developments and cryptocurrency markets, offering traders new avenues for analysis and strategy development.

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