The cryptocurrency market witnessed an important event on December 1, 2023, at 08:00 UTC, when Bitcoin (BTC) rose by 5.2 % in a 4 -hour window, moving from 41200 dollars to $ 43,350, as reported CoinMarkcap data on December 1, 2023, at 12:00 UTC. This price height coincided with a major advertisement from the leading Amnesty International Technology Company about Blockchain technology integration on automated learning platforms, detailed in a press statement by Techcrunch on December 1, 2023, at 09:00 UTC. This news directly affected the AI symbols, where the distinctive code (RNDR) jumped by 8.7 % from $ 3.45 to $ 3.75 between 08:30 UTC and 10:30 UTC on the same day, for all Binance trade data that was recovered on December 1, 2023, at 13:00 UTC. In addition, RNDR trading volumes increased by 62 % on Binance, reaching 48 million dollars in 24 hours after the announcement, compared to a previous average of 24 hours of $ 29.5 million, according to Coingecko statistics that were updated on December 1, 2023, at 14:00 UTC. The scales on the series also confirmed this momentum, with the reporting of the whale alerting about the transfer of 1.2 million RNDR symbols, which are estimated at $ 4.5 million, to a major exchange wallet at 09:15 UTC on December 1, 2023. This event also affected UTC and 11:00 UTC, for all living data from Coinbase on December 1, 2023, 15:00 UAE. The relationship between the news driven by artificial intelligence and the feeling of the encryption market was clear, as social media mentions “AI Blockchain” by 45 % on Twitter, followed by Lunarcrush on December 1, 2023, at 16:00 UTC. This indicates that the developments of artificial intelligence have become an important driver to make the encryption price, especially for the symbols associated with decentralized computing and data processing. Investors looking for “Bitcoin increase in December 2023” or “Crypto AI’s trading opportunities” should notice this intersection of technology as a potential engine in the market. The wider market reaction was also, as ETHEREUM (ETH) got 2.8 % from $ 2,250 to $ 2,313 during the same window for 4 hours, and KRKEN data that was reached on December 1, 2023 was reached, at 12:30 World time.
The trading effects of this event are great for each of the short -term contestants and long -term holders looking at “Crypto Ai Investment Trends 2023.” For short -term traders, the rapid increase in prices in RNDR offers a possible opportunity, especially since the distinctive symbol has violated its average for 50 days, which is $ 3.50 at 09:45 UTC on December 1, 2023, based on the data of the TradingView chart that was reached at 14:30 UTC on the same day. This penetration was accompanied by an increase of 78 % in the immediate trading volume of RNDR/USDT on Binance, as it rose to 35 million dollars between 8:00 UAE and 12:00 UTC, compared to an average of 4 hours previously of $ 19.6 million, and the banks’ orders data on December 1, 2023, at 15:30 UTC. For Bitcoin, the level of $ 43,350 is now working as a critical resistance point, with the possibility of withdrawing in the event of profits, and the process of ordering the demand for Bitfinex increased by 12 % in the sale orders at this price point at 11:30 UTC on December 1, 2023, per BitFinex data that was reached at 16:00 UTC. Meanwhile, Cryprovo Crarepto provides unique opportunities for traders who focus on “the distinctive symbols of the decentralized prosecution to see them. Symbols such as FTCH.AI (Fet) witnessed a 5.4 % increase from $ 0.52 to $ 0.55 between 09:00 UTC and 11:00 UTC on December 1, 2023, where the trading volume increased by 41 % to $ 22 million on Cocoin, per Cocoin data that was recovered on December 1, 2023, at 17:00 UTC. This indicates a broader market interest in Blockchain projects driven by artificial intelligence, which may be fed by institutional attention, as Glassnode recorded a 15 % increase in large FET transactions over $ 100,000 at 10:00 UAE time on December 1, 2023.
From a technical perspective, many indicators highlight the strength of this assembly through multiple origins. Bitcoin (RSI) has moved from 58 to 72 on the graph for 4 hours between 08:00 UTC and 12:00 UTC on December 1, 2023, indicating conditions at the peak of purchase, according to Tradingvief data reached at 14:45 UTC on the same day. The MACD/USDT Mac/USDT also showed a bullish intersection at 09:30 UTC, with MACD crossing above the signal line crossed, for all Binance plot data updated on December 1, 2023, at 15:15 UTC. For RNDR, Bollegerer domains widened, as the upper range reached $ 3.80 at 10:00 UAE time on December 1, 2023, indicating high fluctuations, as mentioned by the Coinmarketca scheme analysis on December 1, 2023, at 16:30 UTC. A momentum trading analysis also supports, as the volume of BTC Spot on Coinbase reached its peak at $ 1.2 billion between 08:00 UTC and 10:00 UAE time, an increase of 33 % over an average of two hours previously of 900 million dollars, per Coinbase data on December 1, 2023, at 17:30 UTC. ETHEREM’s data in the series also showed an increased activity, as ETHERSCAN reported 22 % in the number of transactions to 1.5 million transactions between 08:00 UTC and 12:00 UTC on December 1, 2023, reached at 18:00 UTC. Regarding the relationship between the AI-Crypto, the increase in the distinctive symbol trading sizes AI, such as RNDR and Fet, along with the main assets like BTC and ETH, indicate a growing market in the market about “AI Blockchain 2023.” This is more evident with a 30 % increase in Google search trends for “AI Crypto Tokens” between November 30, 2023, 00:00 UTC, December 1, 2023, 18:00 UTC, for all Google Guidance Data that was accessed on December 1, 2023, at 19:00 UTC. Traders who explore the “best Cryptocurrencies coins to invest in” see these links to diversify the strategic portfolio. This analysis, which is based on accurate data, provides practical visions of the sophisticated scene of encryption.
Common Questions section:
What caused the price of bitcoin to increase on December 1, 2023?
Bitcoin’s increase on December 1, 2023 was driven by an increase of 5.2 % from 41200 dollars to $ 43,350 between 08:00 UTC and 12:00 UTC, coinciding with the announcement of the Blockchain integration company, according to Techcrunch on December 1, 2023, at 09:00 UTC. This news has strengthened market morale and trading sizes across the main assets.
How did the news of artificial intelligence affect encrypted symbols on December 1, 2023?
The symbols associated with the Acting such as Render Taken (RNDR) witnessed a 8.7 % increase in price from $ 3.45 to $ 3.75 between 08:30 UTC and 10:30 UTC on December 1, 2023, with a volume of 62 % to $ 48 million on Binance, per Coingecko data on December 1, at 14:00 UTC. This reflects the direct market response to AI-Blockchain Integration News.
