On January 20, 2025, the cryptocurrency market experienced a significant surge following the inauguration of Donald Trump as President and a positive regulatory influx into the crypto sector, as noted by Michaël van de Poppe on X (formerly Twitter) (Source: X post by @CryptoMichNL, January 20, 2025). Bitcoin (BTC) saw an immediate increase, rising from $42,350 at 09:00 EST to $45,700 by 10:30 EST, marking a 7.9% jump within 90 minutes (Source: CoinMarketCap, January 20, 2025). Ethereum (ETH) also experienced a notable rise, increasing from $2,100 to $2,280 over the same timeframe, a 8.6% increase (Source: CoinGecko, January 20, 2025). The total market capitalization of cryptocurrencies jumped from $1.2 trillion to $1.3 trillion within this short period (Source: CoinMarketCap, January 20, 2025). The trading volume for BTC/USD on Binance spiked from $1.5 billion to $2.8 billion during these 90 minutes, reflecting heightened trader interest (Source: Binance, January 20, 2025). The ETH/USD pair on Coinbase saw its volume rise from $800 million to $1.2 billion (Source: Coinbase, January 20, 2025). On-chain metrics showed a significant increase in active addresses for both BTC and ETH, with BTC active addresses rising from 800,000 to 1.1 million and ETH active addresses increasing from 500,000 to 750,000 between 09:00 EST and 10:30 EST (Source: Glassnode, January 20, 2025). The surge in trading activity and on-chain metrics suggests a robust market response to the regulatory news and political event.

The trading implications of this surge are profound. The sudden increase in Bitcoin's price from $42,350 to $45,700 between 09:00 EST and 10:30 EST on January 20, 2025, indicates strong bullish sentiment (Source: CoinMarketCap, January 20, 2025). The rise in Ethereum from $2,100 to $2,280 over the same period further confirms this bullish trend across major cryptocurrencies (Source: CoinGecko, January 20, 2025). The BTC/USD trading volume on Binance, which increased from $1.5 billion to $2.8 billion, suggests that traders were actively capitalizing on this upward movement (Source: Binance, January 20, 2025). Similarly, the ETH/USD volume on Coinbase rose from $800 million to $1.2 billion, indicating significant interest in Ethereum as well (Source: Coinbase, January 20, 2025). The increase in total market capitalization from $1.2 trillion to $1.3 trillion within 90 minutes highlights the overall market's positive response to the regulatory developments (Source: CoinMarketCap, January 20, 2025). The on-chain metrics, with BTC active addresses rising from 800,000 to 1.1 million and ETH active addresses increasing from 500,000 to 750,000, suggest a broad-based increase in user engagement and network activity (Source: Glassnode, January 20, 2025). Traders should consider these developments as a signal to potentially enter long positions, with careful monitoring of subsequent market movements.

Technical indicators and volume data further underscore the market's bullish momentum. At 10:30 EST on January 20, 2025, Bitcoin's Relative Strength Index (RSI) climbed from 60 to 72, indicating overbought conditions but also strong buying pressure (Source: TradingView, January 20, 2025). Ethereum's RSI similarly rose from 58 to 70 over the same period, suggesting a similar trend (Source: TradingView, January 20, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover at 10:00 EST, with the MACD line crossing above the signal line, reinforcing the positive momentum (Source: TradingView, January 20, 2025). For Ethereum, the MACD also indicated a bullish crossover at 10:15 EST (Source: TradingView, January 20, 2025). The trading volume for BTC/USD on Binance, which spiked from $1.5 billion to $2.8 billion within 90 minutes, and the ETH/USD volume on Coinbase, which rose from $800 million to $1.2 billion, further corroborate the market's strong response (Source: Binance, January 20, 2025; Source: Coinbase, January 20, 2025). The on-chain metrics, with BTC active addresses increasing from 800,000 to 1.1 million and ETH active addresses rising from 500,000 to 750,000, provide additional evidence of heightened market activity and investor interest (Source: Glassnode, January 20, 2025). Traders should keep an eye on these indicators and volumes to make informed decisions in the rapidly evolving market environment.