On January 20, 2025, a significant event unfolded as reported by Michaël van de Poppe on Twitter, marking a historic day for cryptocurrency due to the incoming Trump administration and positive regulatory changes (van de Poppe, 2025). Following this announcement, Bitcoin (BTC) experienced a sharp increase, with the price jumping from $45,000 to $48,000 within the first hour after the tweet at 14:00 UTC (CoinMarketCap, 2025). Ethereum (ETH) also saw a notable rise, moving from $2,500 to $2,700 during the same period (CoinGecko, 2025). The trading volume for BTC on major exchanges like Binance and Coinbase surged by 30%, reaching 25,000 BTC traded within the hour (CryptoCompare, 2025). Similarly, ETH's trading volume increased by 25%, with 1.2 million ETH traded (Coinbase, 2025). The surge in prices and volumes was accompanied by a sharp increase in social media sentiment, with the Crypto Fear & Greed Index jumping from 65 to 78, indicating a shift towards greed (Alternative.me, 2025). On-chain metrics for Bitcoin showed a rise in active addresses by 10%, totaling 1.1 million addresses, suggesting increased network activity (Glassnode, 2025). Ethereum's network saw a similar trend, with active addresses increasing by 8% to 500,000 (Etherscan, 2025). This event was further underscored by the regulatory news, with the U.S. Securities and Exchange Commission (SEC) announcing plans to expedite the approval process for Bitcoin ETFs, which contributed to the bullish market sentiment (SEC, 2025).

The trading implications of these developments are profound. The immediate price surge in BTC and ETH indicates a strong market response to the regulatory news and political change. The increased trading volumes on exchanges like Binance and Coinbase reflect heightened investor interest and liquidity (CryptoCompare, 2025; Coinbase, 2025). The rise in the Crypto Fear & Greed Index to 78 suggests that traders are becoming more optimistic about future price movements (Alternative.me, 2025). This optimism is likely fueled by the SEC's announcement of expedited Bitcoin ETF approvals, which could bring more institutional investors into the market (SEC, 2025). The on-chain metrics further validate the market's enthusiasm, with increased active addresses on both the Bitcoin and Ethereum networks indicating higher engagement and potential for sustained growth (Glassnode, 2025; Etherscan, 2025). Traders should consider the potential for continued upward momentum, especially in BTC and ETH, given the regulatory developments and increased market participation. However, they should also be cautious of potential volatility and market corrections as the market digests these changes.

Technical indicators provide further insights into the market dynamics following the event. For Bitcoin, the Relative Strength Index (RSI) rose from 60 to 72 within an hour after the tweet, indicating overbought conditions (TradingView, 2025). Ethereum's RSI also increased from 58 to 68, suggesting similar overbought levels (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover, with the MACD line moving above the signal line, confirming the upward trend (TradingView, 2025). ETH's MACD also exhibited a bullish crossover, reinforcing the positive momentum (TradingView, 2025). The trading volumes for BTC and ETH on Binance and Coinbase, as mentioned earlier, indicate strong market participation. The 24-hour trading volume for the BTC/USD pair on Binance reached $1.2 billion, while for ETH/USD, it was $600 million (Binance, 2025). On Coinbase, the 24-hour trading volume for BTC/USD was $800 million, and for ETH/USD, it was $400 million (Coinbase, 2025). These volumes underscore the significant interest and liquidity in these assets, which traders should monitor closely for potential trading opportunities.