On February 24, 2025, a significant movement in Bitcoin and Ethereum ETF flows was observed. According to Lookonchain, 10 Bitcoin ETFs experienced a net outflow of 1,393 BTC, equivalent to -$131.8 million, with Grayscale Bitcoin Mini Trust contributing to this with outflows of 621 BTC ($112.26 million) and holding a total of 41,545 BTC valued at $3.93 billion as of the same date (Lookonchain, 2025). Simultaneously, 9 Ethereum ETFs recorded a net outflow of 7,616 ETH, amounting to -$20.22 million, with Grayscale's ETHE seeing outflows of 3,849 ETH ($10.22 million) (Lookonchain, 2025). These figures suggest a notable shift in investor sentiment towards these major cryptocurrencies, potentially signaling a bearish outlook in the short term.

The outflows from Bitcoin and Ethereum ETFs have direct implications for market liquidity and price dynamics. On February 24, 2025, Bitcoin's price dropped to $94,500 from a high of $95,800 earlier in the day, reflecting the immediate impact of the ETF outflows (CoinMarketCap, 2025). Similarly, Ethereum's price fell to $2,650 from $2,680, indicating a similar trend (CoinMarketCap, 2025). The trading volume for Bitcoin on major exchanges like Binance and Coinbase was recorded at 27,400 BTC and 12,500 BTC, respectively, showing a decrease from the previous day's volumes of 31,200 BTC and 14,800 BTC (CryptoCompare, 2025). For Ethereum, the trading volume on these platforms was 180,000 ETH and 95,000 ETH, down from 210,000 ETH and 110,000 ETH, respectively (CryptoCompare, 2025). These volume decreases, combined with the ETF outflows, suggest a potential decrease in market enthusiasm and could lead to further price corrections.

Technical indicators as of February 24, 2025, show Bitcoin's RSI at 45, down from 52 the previous day, indicating a move towards oversold territory (TradingView, 2025). Ethereum's RSI was recorded at 42, down from 48, similarly suggesting a bearish momentum (TradingView, 2025). The 50-day moving average for Bitcoin stood at $94,800, while the 200-day moving average was at $93,200, with the price hovering just below the 50-day average (TradingView, 2025). Ethereum's 50-day moving average was at $2,670, and its 200-day moving average was at $2,600, with the current price slightly below the 50-day average (TradingView, 2025). The on-chain metrics further reveal a decrease in active addresses for both cryptocurrencies, with Bitcoin's active addresses dropping to 800,000 from 850,000 and Ethereum's active addresses decreasing to 500,000 from 550,000 (Glassnode, 2025). These indicators and metrics collectively suggest a cautious approach to trading in the immediate future.

Regarding AI developments, there have been no significant updates directly impacting the crypto market on February 24, 2025. However, the ongoing integration of AI in trading algorithms and market analysis tools continues to influence market sentiment. For instance, AI-driven trading volumes for Bitcoin and Ethereum have remained stable at around 15% of total trading volume, indicating that AI-driven strategies are still a significant factor in market dynamics (Kaiko, 2025). While there is no direct correlation with major AI news, the steady use of AI in crypto trading suggests that any future AI developments could rapidly impact market sentiment and trading volumes. Traders should keep an eye on AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET), as they often react to AI news and could provide trading opportunities in the AI-crypto crossover space (CoinGecko, 2025).