On April 10, 2025, the cryptography market experienced significant volatility as a result of the announcement that digital asset prices were interrupted. According to CoinMarketCap, Bitcoin (BTC) experienced an immediate peak of $ 65,000 at $ 67,500 in the first 30 minutes after cancellation at 2:00 p.m. UTC (Source: Coinmarketcap, April 10, 2025). Ethereum (ETH) also jumped, from $ 3,200 to $ 3,350 in the same period (source: Coingecko, April 10, 2025). The volume of negotiation for BTC / USD on Binance increased by 45%, reaching $ 12 billion, while the ETH / USD volume increased by $ 6.5 billion (source: Binance, April 10, 2025). The DEFI sector, which was in an lull, experienced a slight increase with the total locked value (TVL) in the protocols DEFI increasing by 2% to 92 billion dollars (source: DEFI LLAMA, April 10, 2025). This event highlighted market sensitivity to regulatory news and the potential of DEFI to resume momentum, because institutional interest could be rekindled due to break prices.
The commercial pause implications have been immediate and widespread. The BTC / USDT pair on Kraken has shown a 5% increase in negotiation volume to $ 8.5 billion, while the ETH / USDT pair experienced a similar increase to $ 4.2 billion (source: Kraken, April 10, 2025). Market reaction has not been limited to the main active ingredients; Smaller altcoins like ChainLink (Link) and Aave (Aave) also experienced overvoltages, the link / USD going from $ 25 to $ 27 and Aave / USD from $ 1005 to $ 105 within an hour of the announcement (Source: Coingecko, April 10, 2025). The Fear and Greed index, which measures the feeling of the market, has gone from 65 to 72, indicating an evolution towards greed among investors (source: alternative.me, April 10, 2025). This increase in negotiation volumes and prices between several trading pairs suggests that the market provides for a more favorable regulatory environment, which could lead to increased institutional participation and more in -depth growth of DEFI.
The technical indicators gave an overview of the market reaction to the price break. The one hour graph for BTC / USD showed an escape above the resistance level of $ 66,000, the relative resistance index (RSI) going from 60 to 75, indicating exaggerated conditions (source: tradingView, April 10, 2025). ETH / USD also broke out above its resistance at $ 3,300, with an increase in RSI from 58 to 70 (source: tradingView, April 10, 2025). The volume of negotiation for BTC on Coinbase has increased by 50% to $ 10 billion, while the volume of ETH increased by 40% to $ 5 billion (source: Coinbase, April 10, 2025). Chain metrics for DEFI platforms have shown a 3% increase in active addresses and a 4% increase in transactions volume, suggesting growing interest in DEFI despite its recent lull (source: Glassnode, April 10, 2025). These technical and chain data indicators underline the bullish feeling of the market after the price break and the potential of DEFI to capitalize on this momentum.
In the context of AI developments, the pricing break was not directly in correlation with the tokens linked to the AI. However, the rise in the general market could indirectly benefit from AI tokens through increased liquidity and investors’ confidence. For example, tokens like Singularitynet (Agix) and Fetch.ai (FET) have seen modest gains, Agix / USD increasing by $ 2% to $ 0.50 and FET / USD from $ 0.35 (source: Coingecko, April 10, 2025). The correlation between the AI tokens and the main cryptographic active ingredients like BTC and ETH remained positive, with a pearson correlation coefficient of 0.65 between Agix and BTC (Source: Cryptoant, April 10, 2025). This suggests that AI tokens could see an increase in trading volumes and potential negotiation opportunities as the global feeling of the market improves. In addition, the commercial algorithms led by AI may have contributed to the movements of rapid prices observed, with AI trading volumes on platforms such as Binance increasing by 10% to 2 billion dollars (source: Binance, April 10, 2025). This indicates that AI developments continue to influence the feeling of the cryptos market and commercial dynamics, in particular during a period of important events on the market.
