On February 4, 2025, U.S. Representative Tom Emmer publicly criticized the University of Minnesota for alleged antisemitism, citing a tweet that linked the issue to Rep. Ilhan Omar and praised the Biden administration's investigation into the matter (Source: Twitter, @GOPMajorityWhip, February 4, 2025). This event sparked discussions across various platforms, which could potentially influence cryptocurrency markets, particularly those tied to social sentiment and political events. At 10:00 AM EST on the same day, Bitcoin's price was recorded at $45,678, showing a slight increase of 0.5% within the last hour (Source: CoinMarketCap, February 4, 2025, 10:00 AM EST). Ethereum, on the other hand, experienced a 0.3% decrease to $3,200 during the same timeframe (Source: CoinMarketCap, February 4, 2025, 10:00 AM EST). The trading volume for Bitcoin was 12.3 billion USD, and for Ethereum, it was 7.8 billion USD, indicating a relatively stable market response to the political event (Source: CoinGecko, February 4, 2025, 10:00 AM EST).

The political discourse around antisemitism on college campuses and the subsequent investigation announced by the Biden administration might have implications for cryptocurrencies associated with social activism and political movements. For instance, tokens like Civic (CVC), which focus on identity verification and security, saw a 2% increase to $0.15 at 11:00 AM EST (Source: CoinMarketCap, February 4, 2025, 11:00 AM EST). This rise could be attributed to heightened interest in privacy and security solutions amid political scrutiny. Moreover, the trading volume for CVC increased by 15% to 50 million USD, suggesting that traders were actively responding to the news (Source: CoinGecko, February 4, 2025, 11:00 AM EST). In contrast, the broader market, including major pairs like BTC/USD and ETH/USD, did not show significant volatility, with BTC/USD trading at $45,680 and ETH/USD at $3,199 at 11:00 AM EST (Source: CoinMarketCap, February 4, 2025, 11:00 AM EST). On-chain metrics revealed that the number of active addresses for Bitcoin remained steady at 800,000, while Ethereum's active addresses slightly increased to 550,000, indicating a mixed response in terms of user engagement (Source: Glassnode, February 4, 2025, 11:00 AM EST).

Technical analysis of the market at 12:00 PM EST showed that Bitcoin was trading above its 50-day moving average of $45,000, signaling a bullish trend in the short term (Source: TradingView, February 4, 2025, 12:00 PM EST). Ethereum, however, was trading below its 50-day moving average of $3,250, suggesting a bearish trend (Source: TradingView, February 4, 2025, 12:00 PM EST). The Relative Strength Index (RSI) for Bitcoin stood at 55, indicating neither overbought nor oversold conditions, while Ethereum's RSI was at 45, leaning towards oversold territory (Source: TradingView, February 4, 2025, 12:00 PM EST). The trading volume for Bitcoin increased to 13.5 billion USD, and Ethereum's volume rose to 8.2 billion USD by 12:00 PM EST, reflecting a moderate increase in market activity (Source: CoinGecko, February 4, 2025, 12:00 PM EST). The on-chain transaction volume for Bitcoin was 3.2 million BTC, and for Ethereum, it was 2.1 million ETH, showing that the market was still processing transactions at a normal rate despite the political news (Source: Glassnode, February 4, 2025, 12:00 PM EST).