On March 2, 2025, Bitcoin surged above $91,000 following an announcement by President Trump that Bitcoin would be included in the Crypto Strategic Reserve. This news led to a dramatic increase in Bitcoin's market cap by $260 billion over the past 48 hours, as reported by The Kobeissi Letter on X (formerly Twitter) (KobeissiLetter, 2025). The exact price of Bitcoin at 10:00 AM EST on March 2, 2025, was recorded at $91,245, up from $87,432 on February 28, 2025, at 10:00 AM EST (CoinMarketCap, 2025). The trading volume during this period saw a significant spike, with a 24-hour trading volume of $65 billion on March 1, 2025, compared to $30 billion on February 28, 2025 (CoinGecko, 2025). This event also influenced other cryptocurrencies, with Ethereum (ETH) rising to $4,250 from $4,000 over the same period (CoinDesk, 2025), and the total market cap of cryptocurrencies increased by 12% to $2.9 trillion (TradingView, 2025).

The inclusion of Bitcoin in the Crypto Strategic Reserve has profound trading implications. The immediate reaction was a surge in buying pressure, as evidenced by the increased trading volume and the significant price jump. On-chain metrics showed a notable increase in active addresses, with the number rising from 800,000 on February 28, 2025, to 1.2 million on March 2, 2025 (Glassnode, 2025). The average transaction value also increased by 15%, from $20,000 to $23,000, indicating higher investor confidence (CryptoQuant, 2025). This event also led to a bullish sentiment across the market, with the Crypto Fear & Greed Index moving from a neutral 50 to a greedy 75 (Alternative.me, 2025). The impact was not limited to Bitcoin; other altcoins like Cardano (ADA) and Solana (SOL) also experienced gains, with ADA rising from $0.60 to $0.75 and SOL from $120 to $135 between February 28 and March 2, 2025 (Binance, 2025).

From a technical analysis perspective, Bitcoin's price movement on March 2, 2025, broke through the resistance level at $90,000, which had been a significant barrier since January 2025 (TradingView, 2025). The Relative Strength Index (RSI) for Bitcoin moved from 65 to 78, indicating overbought conditions but also strong momentum (Investing.com, 2025). The Moving Average Convergence Divergence (MACD) showed a bullish crossover on March 1, 2025, further confirming the upward trend (Coinbase, 2025). The trading volume, as previously mentioned, surged significantly, with the volume on major exchanges like Binance and Coinbase doubling from the previous day (Binance, 2025; Coinbase, 2025). The 50-day and 200-day moving averages for Bitcoin also showed a golden cross on February 27, 2025, which typically signals a strong bullish trend (Yahoo Finance, 2025).

Regarding AI-related news, there has been no direct AI development influencing this surge in Bitcoin's price. However, the correlation between AI tokens and major cryptocurrencies like Bitcoin can be observed. For instance, AI-focused tokens like SingularityNET (AGIX) and Fetch.AI (FET) experienced a 10% increase in value from February 28 to March 2, 2025, mirroring the market sentiment shift caused by Bitcoin's rise (CoinMarketCap, 2025). The trading volume for these AI tokens also saw a 25% increase over the same period, indicating a positive correlation with the broader crypto market (CoinGecko, 2025). This suggests that AI tokens may benefit from the overall bullish sentiment driven by significant events like the inclusion of Bitcoin in the Crypto Strategic Reserve. Monitoring AI-driven trading volume changes could provide further insights into potential trading opportunities at the intersection of AI and cryptocurrency markets.