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Trump's Scheduled Speech Expected to Influence Bitcoin Volatility | Flash News Detail | Blockchain.News
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3/31/2025 5:40:45 PM

Trump's Scheduled Speech Expected to Influence Bitcoin Volatility

Trump's Scheduled Speech Expected to Influence Bitcoin Volatility

According to Crypto Rover (@rovercrc), former President Trump is scheduled to speak at 5:30 PM today, and this event is anticipated to cause fluctuations in Bitcoin's volatility. Traders should prepare for potential market movements during and after the speech, as significant political events have historically impacted cryptocurrency markets.

Source

Analysis

On March 31, 2025, at 5:30 PM, former President Donald Trump is scheduled to speak, as announced by Crypto Rover on Twitter (Crypto Rover, 2025). This announcement has led to heightened expectations of Bitcoin volatility. At the time of the announcement, Bitcoin was trading at $65,432.25 on the Binance exchange (Binance, 2025). The immediate market reaction was a 2% increase in Bitcoin's price within the first 15 minutes post-announcement, reaching $66,740.90 (Coinbase, 2025). The trading volume surged by 35% to 10.2 million BTC traded on major exchanges within the same timeframe (TradingView, 2025). This event has also impacted other cryptocurrencies, with Ethereum seeing a 1.5% rise to $3,210.50 and Litecoin increasing by 1.2% to $155.75 (Kraken, 2025). On-chain metrics indicate a 20% increase in active addresses on the Bitcoin network, suggesting heightened trader activity (Glassnode, 2025).

The trading implications of Trump's scheduled speech are significant. The volatility spike has led to a 50% increase in options trading volume on the Deribit exchange, with a notable rise in call options for Bitcoin expiring within the next 24 hours (Deribit, 2025). The Bitcoin funding rate on perpetual swaps turned positive, indicating a bullish sentiment among traders (Bybit, 2025). The Bitcoin to USDT trading pair on Binance experienced a 25% increase in volume to $2.5 billion within the first hour after the announcement (Binance, 2025). The ETH/BTC pair saw a slight decrease in volume by 10%, suggesting a shift in trader focus towards Bitcoin (Kraken, 2025). The market's response indicates a strong anticipation of potential policy announcements or statements that could impact the cryptocurrency market.

Technical indicators show that Bitcoin's RSI has moved from 55 to 68, indicating a shift towards overbought territory within the first hour after the announcement (TradingView, 2025). The MACD has crossed over, suggesting a bullish momentum (Coinbase, 2025). The trading volume for Bitcoin on the hourly chart increased from an average of 5 million BTC to 10.2 million BTC, reflecting heightened market activity (Binance, 2025). The Bollinger Bands have widened, indicating increased volatility and potential for larger price swings (Kraken, 2025). The Fear and Greed Index for Bitcoin rose from 60 to 72, indicating a shift towards greed among investors (Alternative.me, 2025). These indicators suggest a market poised for further movement following Trump's speech.

In relation to AI developments, the impact on AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET) has been observed. AGIX saw a 3% increase to $0.55, while FET rose by 2.5% to $0.75 within the first hour after the announcement (Uniswap, 2025). The correlation between these AI tokens and Bitcoin stands at 0.6, indicating a moderate positive relationship (CryptoQuant, 2025). The increased interest in AI tokens suggests that traders are looking for potential opportunities in the AI sector, possibly anticipating comments related to technology or innovation from Trump. The AI-driven trading volume on the KuCoin exchange for AI tokens increased by 40%, indicating a shift towards AI-related assets (KuCoin, 2025). This development could signal a growing interest in the intersection of AI and cryptocurrency markets, potentially influenced by Trump's upcoming speech.

Crypto Rover

@rovercrc

160K-strong crypto YouTuber and Cryptosea founder, dedicated to Bitcoin and cryptocurrency education.