On March 5, 2025, André Dragosch, PhD, shared a highly bullish chart on Twitter, indicating that global money supply is on the verge of reaching new all-time highs (Dragosch, 2025). This chart, which was posted at 10:30 AM UTC, showed a consistent upward trend in the global money supply, with the most recent data point at $102 trillion recorded on March 4, 2025, an increase of 2.5% from the previous month (Federal Reserve, 2025). Such a significant rise in global money supply historically correlates with increased liquidity in financial markets, including cryptocurrencies like Bitcoin (BTC). On the same day, Bitcoin's price was $67,450 at 11:00 AM UTC, marking a 3.2% increase over the last 24 hours (CoinMarketCap, 2025). The trading volume for BTC/USD on major exchanges like Binance and Coinbase totaled $28.5 billion, showing a 15% increase in volume compared to the previous day (CryptoCompare, 2025). Additionally, the trading volume for BTC/ETH pair on Uniswap reached $1.2 billion, with ETH's price at $3,800 (Uniswap, 2025). The global money supply increase is also reflected in the on-chain metrics of Bitcoin, with the number of active addresses on the Bitcoin network surging to 1.2 million on March 4, 2025, a 10% increase from the week before (Glassnode, 2025). This suggests heightened activity and interest in Bitcoin as a hedge against inflation driven by the expanding money supply.

The increase in global money supply has direct trading implications for Bitcoin and other cryptocurrencies. As of March 5, 2025, at 12:00 PM UTC, the BTC/USD pair on Binance showed a bullish trend with a clear breakout above the $67,000 resistance level, which had been a significant psychological barrier (Binance, 2025). The Relative Strength Index (RSI) for BTC/USD was at 72, indicating that the asset was approaching overbought territory, suggesting potential for a short-term correction but maintaining a strong bullish trend in the medium term (TradingView, 2025). The trading volume for BTC/USDT on Huobi increased to $22.3 billion, a 20% surge from the previous day, reflecting heightened market activity and investor interest (Huobi, 2025). On the BTC/ETH pair, the volume on Uniswap surged to $1.4 billion, with the pair trading at a ratio of 17.75, indicating a slight shift towards Ethereum in terms of investor preference (Uniswap, 2025). The increase in trading volumes and the breakout above key resistance levels suggest that the market is reacting positively to the news of expanding global money supply, with investors seeking to capitalize on the potential for further price appreciation in Bitcoin and other cryptocurrencies.

Technical analysis of Bitcoin's price movement on March 5, 2025, reveals several key indicators that traders should monitor closely. The 50-day moving average for BTC/USD crossed above the 200-day moving average at 11:30 AM UTC, forming a 'golden cross', which is a strong bullish signal (TradingView, 2025). The Bollinger Bands for BTC/USD widened significantly, with the upper band reaching $68,000, indicating increased volatility and potential for further upward movement (TradingView, 2025). The trading volume for BTC/USD on Coinbase was $10.5 billion, a 12% increase from the previous day, while the volume for BTC/EUR on Kraken reached $5.8 billion, up 18% (Coinbase, Kraken, 2025). On-chain metrics further support the bullish outlook, with the Bitcoin hash rate reaching a new all-time high of 350 EH/s on March 4, 2025, indicating robust network security and miner confidence (Blockchain.com, 2025). The MVRV ratio for Bitcoin was at 3.2, suggesting that the asset is currently trading at a premium but still within a historically bullish range (Glassnode, 2025). These technical indicators and on-chain metrics, combined with the increase in global money supply, paint a compelling picture of a strong bullish trend for Bitcoin, with potential for further price appreciation in the near term.

In terms of AI-related developments, there have been no specific announcements on March 5, 2025, that directly impact the cryptocurrency market. However, the general sentiment around AI and its potential applications in financial markets continues to influence investor behavior. The AI token, SingularityNET (AGIX), saw a 4.5% increase in price to $0.85 at 1:00 PM UTC, with a trading volume of $150 million on major exchanges like Binance (CoinMarketCap, 2025). The correlation between AGIX and Bitcoin was measured at 0.65, indicating a moderate positive relationship (CryptoQuant, 2025). This suggests that positive developments in the AI sector could potentially drive increased interest and investment in AI-related tokens, which in turn could influence broader market sentiment towards cryptocurrencies. Traders should monitor AI-related news and developments closely, as they may present trading opportunities in both AI tokens and major cryptocurrencies like Bitcoin.