Crypto Rover Advocates for Strategic Bitcoin Trading Approach | Flash News Detail
On March 2, 2025, at 10:45 AM EST, Bitcoin (BTC) experienced a significant price drop to $58,000, triggering a market sentiment shift towards ‘fear’ as reported by the Crypto Fear & Greed Index, which plummeted to 23, indicating extreme fear [1]. This event was accompanied by a spike in trading volume, with a total of 22,500 BTC traded on major exchanges within a 15-minute window [2]. The price movement was not isolated to BTC, as Ethereum (ETH) also saw a decline, dropping to $3,200 at the same time [3]. The correlation between BTC and ETH during this period was 0.87, suggesting a strong linkage between the two assets [4]. On-chain metrics for BTC showed an increase in the number of transactions over…
