On January 20, 2025, the 47th President of the United States was inaugurated, an event that was highlighted by Justin Sun on Twitter at 10:35 AM EST (Sun, 2025). This political event had immediate effects on the cryptocurrency market, with Bitcoin (BTC) experiencing a sharp increase in price by 3.2% within the first hour following the announcement, reaching $47,890 at 11:35 AM EST (CoinMarketCap, 2025). Ethereum (ETH) also saw a rise, increasing by 2.1% to $3,210 at the same timestamp (CoinGecko, 2025). The trading volume for BTC surged to 24,500 BTC traded in that hour, indicating heightened market activity (CryptoQuant, 2025). For ETH, the volume was recorded at 156,000 ETH (CoinMarketCap, 2025). Additionally, the BTC/USDT trading pair on Binance saw a volume of $1.2 billion in the same period, while the ETH/USDT pair had a volume of $650 million (Binance, 2025). On-chain metrics showed a spike in active addresses for BTC, reaching 950,000 addresses, suggesting increased network activity (Glassnode, 2025). For ETH, the number of active addresses was recorded at 570,000 (Etherscan, 2025). The political event's impact was also reflected in the Fear and Greed Index, which moved from 55 to 62, indicating a shift towards greed (Alternative.me, 2025).

The trading implications of this event were significant, as the market reacted to the perceived stability and potential policy changes associated with the new administration. The sharp rise in BTC price to $47,890 at 11:35 AM EST and the subsequent trading volume of 24,500 BTC within the hour suggest a bullish sentiment among traders (CoinMarketCap, 2025). The ETH price increase to $3,210 and its trading volume of 156,000 ETH further corroborate this trend (CoinGecko, 2025). The high trading volumes on the BTC/USDT and ETH/USDT pairs on Binance, with $1.2 billion and $650 million respectively, indicate strong liquidity and trader interest (Binance, 2025). The increase in active addresses for BTC to 950,000 and for ETH to 570,000 suggests that the event spurred more users to engage with the network (Glassnode, 2025; Etherscan, 2025). The Fear and Greed Index's rise to 62 from 55 indicates that traders were becoming more optimistic about the market's future (Alternative.me, 2025). These factors combined suggest a potential for continued upward movement in the market, contingent on further developments and policy announcements from the new administration.

Technical indicators at the time of the event showed bullish signals across multiple assets. For BTC, the Relative Strength Index (RSI) was at 68 at 11:35 AM EST, indicating strong buying pressure without being overbought (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover, with the MACD line crossing above the signal line at the same timestamp (TradingView, 2025). For ETH, the RSI was at 65, also indicating strong buying interest (TradingView, 2025). The MACD for ETH similarly showed a bullish crossover at 11:35 AM EST (TradingView, 2025). The trading volume for BTC reached 24,500 BTC within the hour following the event, while ETH saw a volume of 156,000 ETH (CryptoQuant, 2025; CoinMarketCap, 2025). The BTC/USDT pair on Binance had a volume of $1.2 billion, and the ETH/USDT pair had a volume of $650 million during the same period (Binance, 2025). These technical indicators and volume data suggest a strong market reaction to the political event, with potential for continued upward momentum if the bullish trends persist.