Bitcoin Soars To $111,000 All-Time High As BTC Bull Token Raises $6M In Presale

Bitcoin (BTC) has witnessed another history-making rally, surging past $111,000 and hitting new all-time highs this morning. The leading cryptocurrency decisively shattered its previous resistance. US-listed spot Bitcoin ETFs also recorded over $1.5 billion in net inflows over the past three days alone.

Meanwhile, positive regulatory clarifications under Donald Trump’s leadership have created a strong feedback loop of confidence. It is attracting unprecedented capital flows into the crypto sector. For example, the GENIUS Act, which aims to provide a comprehensive framework for stablecoin regulation, could help traditional institutions navigate the market for fiat-adjacent cryptos.

In the meantime, the Texas House approved a bill to create a statewide strategic Bitcoin reserve yesterday. It positions the state as a leader in crypto adoption. If the reserve is signed into law, Texas will hold Bitcoin in cold storage for at least five years.

This bullish momentum has encouraged investors to back new and innovative Bitcoin-themed projects. Among those newcomers, the BTC Bull Token (BTCBULL) is racing through the $6 million milestone in its trending presale.

Bitcoin’s Parabolic Rally to $111K Signals New Bull Market Era

Now that it has broken the $111,000 level, BTC’s latest bull run includes a series of historic all-time highs. This iconic move helped BTC transcend key technical barriers (such as the 50-day and 200-day moving averages). It created strong bullish pressure.

It has also become increasingly clear that previously sidelined institutions are validating Bitcoin as a long-term store of value. For instance, Blackstone, the massive $1 trillion asset manager, made its first investment into crypto by moving roughly $1 million into BlackRock’s IBIT Bitcoin ETF.

Crypto veterans are even more excited about this rally because of the fundamentals behind it. BTC’s recent price surge indicates a short squeeze. So, traders betting against Bitcoin (short sellers) are forced to exit their positions. In the past 24 hours, $177 million worth of short positions were liquidated, pushing Bitcoin’s price even higher.

It Seems a More Sustainable Rally 

A striking aspect of the latest pump is that it looks more sustainable than BTC’s last record-setting run. It peaked back in January. Bitcoin’s price has soared nearly 20% in May alone, but key derivatives indicators paint a more measured picture. Funding rates in the futures market currently hover around 0.01%, well below the levels seen during past rallies.

That’s why industry experts are now backing Bitcoin to generate even higher returns in Q2. Standard Chartered has even doubled down on its bullish Bitcoin outlook. It recently predicted that BTC would grow to $200,000 by late 2025. However, the firm has now forecasted a path toward $500,000 by 2028.

It is true that corrections often follow parabolic runs. Still, any pullback that stays above the psychological $100,000 level would keep the broader bullish narrative intact.

Meanwhile, investor enthusiasm is expanding into assets that provide exposure to the continued growth of the flagship cryptocurrency. BTC Bull Token is a brand-new project. It caters to this demand by offering milestone-based reward systems that directly tie into Bitcoin’s price breakthroughs.

BTC Bull Token Raises $6M as Bitcoin Enters Price Discovery Mode

With Bitcoin finally arriving in blue-sky territory, investors have funneled over $6.1 million into a new Bitcoin-themed meme coin called BTC Bull Token (BTCBULL). It is a presale-stage meme crypto project that will offer actual BTC rewards to BTC Bull Token holders.

When Bitcoin first hits $150,000 or $200,000, BTCBULL holders will receive airdrops of real BTC. Then, at the historically significant $250,000 milestone for BTC, the BTC Bull Token project has planned a massive BTCBULL airdrop for its holders (equivalent to 10% of its total token supply).

Moreover, when BTC climbs past $125,000, $175,000, or $225,000 for the first time, the BTCBULL team will burn a portion of the token supply, reducing the total number of circulating tokens.

Even before the coin’s official exchange listings, investors can stake BTCBULL to earn an impressive 67% APY. These rewards allow BTC enthusiasts to generate passive income while waiting for another big move toward even greater all-time highs.

Visit BTC Bull Token Presale

With meme culture continuing to thrive in the crypto space, BTCBULL’s impressive presale numbers show that the market is hungry for creative ways to blend the fun of meme tokens with Bitcoin’s exceptional growth potential. Its model effectively lets investors root for Bitcoin’s surges while earning exciting BTC airdrops and high staking rewards.

Source: https://www.thecoinrepublic.com/2025/05/23/bitcoin-soars-to-111000-all-time-high-as-btc-bull-token-raises-6m-in-presale/