Tuesday, January, 21, 2025

Bitcoin Surges Past 110K as Bitcoin Pepe Presale Hits 11.3M

Bitcoin climbs above $110K amid tariff delays, boosting momentum for Bitcoin Pepe’s $11M presale and sparking bullish investor interest.
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Zagham Abbas

Zagham is a renowned crypto journalist known for his insightful analysis and in-depth reporting on the cryptocurrency industry.
  • Bitcoin rebounds above $110K after Trump delays EU tariffs, reigniting bullish sentiment and market momentum.
  • Bitcoin Pepe (BPEP) presale hits $11.3M, fueled by hype around its meme-driven Layer-2 vision and upcoming May 31 launch.
  • Institutional traders go long on BTC, while the Crypto Fear & Greed Index signals “extreme greed.”
  • Robert Kiyosaki and ETF inflows add to optimism, with BPEP positioned as a breakout project in the meme coin sector.

Bitcoin (BTC) has clawed its way back above the $110,000 mark, reversing a sharp dip to $107,000 last Friday. The swift rebound follows a surprise announcement from President Donald Trump, who revealed that the proposed 50% tariffs on European Union goods would be delayed until July 9 as negotiations continue.

The delay sent ripples of relief across financial markets, lifting both equities and cryptocurrencies. Bitcoin, once again, emerged as the focal point of the recovery, its price rallying alongside surging sentiment in the broader crypto sector.

This bounce above $110K has not only reignited bullish sentiment across the board but has also fueled renewed momentum for Bitcoin Pepe (BPEP), a rising meme coin aiming to revolutionize Bitcoin’s utility layer.

Technical analysts see this recovery as more than just a relief rally. Prominent crypto trader Captain Faibik noted via X (formerly Twitter) that BTC had successfully bounced off significant trendline support, setting the stage for a potential breakout toward $115,000 in the days ahead.

Adding to this bullish thesis, institutional activity is ramping up. One high-stakes trader reportedly closed a multi-million-dollar short position, only to open a new long position using 40x leverage, a bold bet on further upside.

Meanwhile, the Crypto Fear & Greed Index remains firmly in “extreme greed” territory, underscoring the prevailing investor appetite for risk assets.

Bitcoin Pepe Presale Tops $11.3M With Just Days to Go

One of the biggest winners in this environment? Bitcoin Pepe. The meme-inspired cryptocurrency has surged past $11.3 million in presale funding, with just five days remaining before its anticipated May 31, 2025, market debut.

Born at the intersection of meme culture and Bitcoin innovation, Bitcoin Pepe seeks to build a meme-friendly Layer-2 network atop the Bitcoin blockchain, one that leverages Solana-like scalability and low transaction costs via the PEP-20 token standard.

This forward-looking vision aims to tap into Bitcoin’s $2 trillion ecosystem while offering developers and users a fresh playground for creativity, speed, and affordability.

With presale tokens currently priced at $0.0377 and the listing date fast approaching, investor interest has accelerated sharply. Some market watchers believe the token could mirror Bitcoin’s price trajectory post-listing, particularly if macro tailwinds, like increased institutional adoption and looming regulatory clarity, continue to drive sentiment higher.

Bitcoin Pepe Presale Booms as Bulls Take Over

Adding to the bullish narrative, Rich Dad Poor Dad author Robert Kiyosaki has thrown his support behind Bitcoin, predicting significant gains over the next two years. His endorsement reflects a growing chorus of long-term believers betting on crypto’s mainstream future.

Spot Bitcoin ETFs, already making waves in global markets, are also contributing to this momentum. Analysts suggest this new gateway for traditional investors could usher in a fresh capital influx, benefiting both BTC and adjacent projects like Bitcoin Pepe.

As the countdown to Bitcoin Pepe’s listing ticks toward its climax, the project stands out as one of the most talked-about presale tokens of the year. Combining the viral power of memes with the technical aspirations of a scalable Layer-2 Bitcoin solution, BPEP could be poised for a dramatic entry into the crypto spotlight.

With markets surging, whales repositioning, and investor sentiment turning euphoric, the next few days could prove pivotal, not just for Bitcoin, but for the meme-powered future it continues to inspire.

Related | Ripple CEO Brad Garlinghouse Breaks Down XRP ETF Launch on Nasdaq

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