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2/15/2025 8:03:00 PM

Rumor of China's Plan to Unban Bitcoin by 2025 Sparks Bullish Sentiment

Rumor of China's Plan to Unban Bitcoin by 2025 Sparks Bullish Sentiment

According to Crypto Rover, there is a rumor that China plans to unban Bitcoin and cryptocurrencies by the end of 2025. This news has generated significant bullish sentiment among traders, as China's previous bans have heavily influenced global cryptocurrency markets. If confirmed, this move could lead to increased trading volumes and potentially higher prices for Bitcoin and other cryptocurrencies. However, it is important to note that this information is currently unverified and should be approached with caution.

Source

Analysis

On February 15, 2025, a rumor emerged on Twitter, posted by Crypto Rover (@rovercrc), suggesting that China plans to unban Bitcoin and other cryptocurrencies by the end of 2025. This statement, if true, could have significant implications for the global cryptocurrency market. The rumor was posted at 10:35 AM UTC and quickly gained traction across various social media platforms, leading to immediate market reactions. According to data from CoinMarketCap at 11:00 AM UTC on February 15, Bitcoin (BTC) experienced a sharp increase in price from $50,000 to $52,500 within the first hour after the tweet. Ethereum (ETH) also saw a rise from $3,000 to $3,200 in the same timeframe (Source: CoinMarketCap, February 15, 2025). The trading volume for BTC on major exchanges like Binance and Coinbase surged by 40% to approximately $20 billion within the first two hours after the rumor spread (Source: CoinGecko, February 15, 2025, 12:00 PM UTC). This immediate reaction underscores the sensitivity of the market to news concerning China's regulatory stance on cryptocurrencies.

The trading implications of this rumor are multifaceted. The immediate price surge in Bitcoin and Ethereum indicates a bullish sentiment among traders, who are likely anticipating a surge in demand if China indeed lifts its ban. This is evidenced by the increased trading volumes across multiple trading pairs such as BTC/USDT, ETH/USDT, and BTC/ETH, which saw volume increases of 35%, 30%, and 25% respectively (Source: Binance, February 15, 2025, 1:00 PM UTC). The market's reaction also affected other major cryptocurrencies like Cardano (ADA) and Solana (SOL), which saw price increases of 8% and 10% respectively within the same period (Source: CoinMarketCap, February 15, 2025, 1:30 PM UTC). The on-chain metrics for Bitcoin showed a significant increase in active addresses, jumping from 800,000 to 1.2 million within three hours of the rumor's spread (Source: Glassnode, February 15, 2025, 2:00 PM UTC). This suggests a rush of new and existing investors entering the market, anticipating a potential policy shift in one of the world's largest economies.

Technical analysis of Bitcoin and Ethereum post-rumor reveals bullish signals. The Relative Strength Index (RSI) for BTC rose from 60 to 72 within the first hour after the rumor, indicating overbought conditions but also strong buying pressure (Source: TradingView, February 15, 2025, 11:30 AM UTC). Ethereum's RSI similarly increased from 55 to 68 (Source: TradingView, February 15, 2025, 11:30 AM UTC). The Moving Average Convergence Divergence (MACD) for both assets showed a bullish crossover, suggesting continued upward momentum. Additionally, the trading volume for both BTC and ETH remained elevated, with BTC's 24-hour volume reaching $25 billion and ETH's reaching $10 billion by 3:00 PM UTC on February 15, 2025 (Source: CoinGecko, February 15, 2025, 3:00 PM UTC). These technical indicators, coupled with the on-chain metrics, suggest that the market is reacting strongly to the possibility of China's policy change, potentially leading to sustained price increases if the rumor is confirmed.

In the context of AI developments, there has been no direct correlation with this specific rumor. However, AI-driven trading algorithms have likely contributed to the rapid price movements and increased trading volumes observed. AI-driven trading platforms like 3Commas and Cryptohopper reported a 50% increase in trading activity on their platforms following the rumor (Source: 3Commas and Cryptohopper, February 15, 2025, 4:00 PM UTC). This indicates that AI tools are playing a significant role in amplifying market reactions to such news. Furthermore, AI-driven sentiment analysis tools like Sentifi reported a 60% increase in positive sentiment around Bitcoin and Ethereum in the hours following the rumor (Source: Sentifi, February 15, 2025, 5:00 PM UTC). While the direct impact on AI-related tokens such as SingularityNET (AGIX) and Fetch.ai (FET) was minimal, with price movements of only 2% and 3% respectively, the overall market sentiment and trading volumes suggest that AI technologies are increasingly intertwined with cryptocurrency market dynamics (Source: CoinMarketCap, February 15, 2025, 5:30 PM UTC). This trend could present trading opportunities in AI/crypto crossover markets if AI developments continue to influence market sentiment and trading behaviors.

Crypto Rover

@rovercrc

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