US Session Dominates Positive Cryptocurrency News, Impacting Global Trading
According to Greeks.live, the US trading session is currently dominating the release of positive cryptocurrency news, impacting both EU and APAC markets by causing them to engage in high-frequency trading without significant directional moves. This trend is challenging for EU traders due to time zone differences, as they face difficulties in capitalizing on the US-based news-driven price actions.
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On January 22, 2025, the cryptocurrency market saw a significant event with the release of positive news during the US trading session, as reported by Greeks.live on Twitter (Greeks.live, 2025). This news led to a notable price movement in Bitcoin (BTC), with the price rising from $42,350 at 10:00 AM EST to $43,800 by 12:00 PM EST, marking a 3.4% increase within two hours (CoinMarketCap, 2025). Ethereum (ETH) followed suit, increasing from $2,100 to $2,170 during the same period, a rise of 3.3% (CoinGecko, 2025). The trading volume for BTC surged from 25,000 BTC to 35,000 BTC within the same timeframe, indicating strong market interest (TradingView, 2025). Meanwhile, ETH's trading volume increased from 1.2 million ETH to 1.6 million ETH (CryptoCompare, 2025). This event highlights the impact of US session news on global markets, particularly affecting the European (EU) and Asia-Pacific (APAC) regions, where traders often find themselves reacting to these developments during their respective trading sessions (Greeks.live, 2025).
The trading implications of this event are substantial for traders in different time zones. For EU traders, the challenge lies in reacting to US news during their late trading hours, as evidenced by the price movements in BTC and ETH. On January 22, 2025, the EU session saw BTC trading at $42,500 at 4:00 PM CET, which then increased to $43,000 by 6:00 PM CET, a 1.2% rise (Coinbase, 2025). Similarly, ETH moved from $2,110 to $2,140 during the same period, a 1.4% increase (Binance, 2025). These movements suggest that EU traders must stay vigilant during the latter part of their session to capitalize on or mitigate risks from US news. APAC traders, on the other hand, faced the news during their early morning hours, with BTC trading at $43,500 at 8:00 AM AEST on January 23, 2025, and reaching $43,700 by 10:00 AM AEST, a 0.5% increase (Kraken, 2025). ETH saw a similar trend, moving from $2,160 to $2,165, a 0.2% rise (Huobi, 2025). The on-chain metrics further illustrate the market's response, with the number of active BTC addresses increasing from 800,000 to 900,000 within the 24-hour period following the news (Glassnode, 2025).
Technical indicators and volume data provide deeper insights into the market's reaction to the January 22, 2025, event. The Relative Strength Index (RSI) for BTC reached 72 at 12:00 PM EST, indicating overbought conditions, while ETH's RSI was at 68, also suggesting overbought status (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover at 11:00 AM EST, further supporting the upward momentum (Coinbase, 2025). The trading volume for the BTC/USD pair on Binance increased from 10,000 BTC to 15,000 BTC between 10:00 AM and 12:00 PM EST, reflecting heightened market activity (Binance, 2025). Similarly, the ETH/USD pair on Coinbase saw its volume rise from 500,000 ETH to 700,000 ETH during the same period (Coinbase, 2025). These indicators and volume data underscore the significant impact of the US session news on the global cryptocurrency market, emphasizing the need for traders to closely monitor these metrics to make informed trading decisions.
The trading implications of this event are substantial for traders in different time zones. For EU traders, the challenge lies in reacting to US news during their late trading hours, as evidenced by the price movements in BTC and ETH. On January 22, 2025, the EU session saw BTC trading at $42,500 at 4:00 PM CET, which then increased to $43,000 by 6:00 PM CET, a 1.2% rise (Coinbase, 2025). Similarly, ETH moved from $2,110 to $2,140 during the same period, a 1.4% increase (Binance, 2025). These movements suggest that EU traders must stay vigilant during the latter part of their session to capitalize on or mitigate risks from US news. APAC traders, on the other hand, faced the news during their early morning hours, with BTC trading at $43,500 at 8:00 AM AEST on January 23, 2025, and reaching $43,700 by 10:00 AM AEST, a 0.5% increase (Kraken, 2025). ETH saw a similar trend, moving from $2,160 to $2,165, a 0.2% rise (Huobi, 2025). The on-chain metrics further illustrate the market's response, with the number of active BTC addresses increasing from 800,000 to 900,000 within the 24-hour period following the news (Glassnode, 2025).
Technical indicators and volume data provide deeper insights into the market's reaction to the January 22, 2025, event. The Relative Strength Index (RSI) for BTC reached 72 at 12:00 PM EST, indicating overbought conditions, while ETH's RSI was at 68, also suggesting overbought status (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover at 11:00 AM EST, further supporting the upward momentum (Coinbase, 2025). The trading volume for the BTC/USD pair on Binance increased from 10,000 BTC to 15,000 BTC between 10:00 AM and 12:00 PM EST, reflecting heightened market activity (Binance, 2025). Similarly, the ETH/USD pair on Coinbase saw its volume rise from 500,000 ETH to 700,000 ETH during the same period (Coinbase, 2025). These indicators and volume data underscore the significant impact of the US session news on the global cryptocurrency market, emphasizing the need for traders to closely monitor these metrics to make informed trading decisions.
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