On April 18, 2025, Michael Saylor, a leading figure in the cryptocurrency space, published a tweet with the legend “ Choose your fighter ” alongside Bitcoin and Ethereum images, arousing significant interest and subsequent market movements (Source: Twitter, @Saylor, April 18, 2025). After the tweet, the Bitcoin price jumped 3.2% during the first hour, reaching $ 72,450 to 10:15 a.m. UTC, while Ethereum experienced a 2.8% increase to $ 3890 at the same time (source: Coinmarketcap, April 18, 2025). The volume of trading against Bitcoin increased to 12.5 million BTC exchanged in the first two hours, an increase of 45% compared to the average of the day before, and the volume of Ethereum increased to 5.8 million ETH, up 38% (source: Coingecko, April 18, 2025). This event highlights the influence of the main opinion leaders on the cryptocurrency markets and highlights the immediate impact of social media on price dynamics.
The commercial implications of the Saylor tweet were deep, the domination of bitcoin going from 48.5% to 50.2% in the first three hours after the tweet (source: tradingView, April 18, 2025). The BTC / USD pair has experienced a significant increase in the open interest in the term markets, increasing by $ 28.5 billion at 11:30 am UTC, indicating increased speculative interest (source: Binance Futures, April 18, 2025). Conversely, the ETH / BTC pair experienced a slight decrease, lowering from 0.5% to 0.0537 BTC at 11:00 am UTC, suggesting a change of preference for investors towards Bitcoin (source: Kraken, April 18, 2025). Channel metrics have also revealed an increase in Bitcoin transactions, the number of active addresses increasing by 12% to 1.3 million in the first four hours (source: Glassnode, April 18, 2025). These movements suggest a response from the robust market to Saylor tweet, traders adjusting their positions accordingly.
Technical analysis after the tweet has shown that Bitcoin exceeding its mobile average of $ 71,200 at 10:30 am UTC, signaling an increased trend (Source: TradingView, April 18, 2025). The relative resistance index (RSI) for Bitcoin has climbed to 68, indicating over -racket conditions but still in a lasting range (Source: Coigy, April 18, 2025). Ethereum’s RSI has reached 65, also suggesting potential conditions of Surbound (source: Coigy, April 18, 2025). The volume of trading for the BTC / USDT pair on Binance reached 1.5 million BTC in the first three hours, an increase of 50% compared to the average of the day before, while the ETH / USDT pair experienced a volume of 600,000 ETH, up 40% (source: Binance, April 18, 2025). These volume points, associated with technical indicators, suggest a strong reaction of the market to Saylor tweet, traders actively engaging in Bitcoin and Ethereum markets.
FAQ:
What was the immediate reaction of the market to Michael Saylor’s tweet on April 18, 2025? The immediate market reaction to Michael Saylor’s tweet was a 3.2% increase in Bitcoin prices to $ 72,450 and a 2.8% increase in $ 3,890 price in the first hour. Trading volumes for the two cryptocurrencies have also experienced significant increases, the volume of bitcoin increasing by 45% and 38% Ethereum.
How did the tweet influence the domination of Bitcoin and the long-term market open interest? The tweet resulted in an increase in drum domination of 48.5% to 50.2% in three hours. In addition, the interest opened in the Bitcoin term markets increased by 15% to $ 28.5 billion, indicating increased speculative interest.
What were the main technical indicators for Bitcoin and Ethereum after the tweet? After the tweet, Bitcoin broke out above its $ 71,200 mobile average, with an RSI of 68, indicating surbilment conditions. Ethereum’s RSI has reached 65 years, also suggesting potential surachat conditions.