The long/short ratio on major exchanges shifted from 1.2 to 1.5, indicating a growing bullish sentiment among traders.

Despite the overall market's reaction, AI-related tokens like SingularityNET and Fetch.AI did not see significant price changes, indicating minimal direct correlation with the news.

Technical analysis showed a bullish engulfing pattern forming at 11:00 AM EST, with the Relative Strength Index climbing from 60 to 70, indicating strong momentum.

Other cryptocurrencies also experienced price gains, with Ethereum rising 2.8% to $4,120 and Litecoin increasing 4.1% to $198 by 10:30 AM EST.

On February 23, 2025, reports surfaced that the Biden administration allegedly lost track of seized Bitcoin, raising concerns about potential theft.

Following this news, Bitcoin's price surged by 3.5%, reaching $67,890 at 10:15 AM EST, with trading volume increasing by 25% to 1.2 million BTC traded.

AI-driven trading volumes surged by 20% in the first hour after the news, suggesting that automated trading algorithms contributed to the rapid price movements.

The implied volatility for Bitcoin options increased by 15% to 80%, reflecting traders' anticipation of further price movements.

The number of active Bitcoin addresses jumped by 10% to 980,000 within the first hour, indicating heightened market activity.

Trading volumes for Bitcoin against major currencies saw significant increases, with BTC/USD rising by 30% to $25 billion within two hours post-news.

Bitcoin's volatility increased significantly, reflected by the Bollinger Bands expanding to 10% by 10:45 AM EST, signaling market uncertainty.

The fear and greed index rose from 65 to 72, entering the 'greed' territory, suggesting a shift in market sentiment.