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BTC reclaims $110k as Bitcoin Pepe hits $11.3m amid crypto bounce

1 week ago
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  • Bitcoin (BTC) has climbed to $110,000 as cryptocurrencies eye a fresh pump.
  • Amid these gains, Bitcoin Pepe’s presale has stormed to $11.3 million with only five days to go before exchange listing.
  • The BPEP token will close its presale on May 31, 2025, and list on some of the top crypto exchanges.

Bitcoin (BTC) price has reclaimed the $110,000 level after falling to lows of $107k on Friday amid President Trump’s announcement of a 50% tariff on the European Union.

However, following the latest update that a delay is in place until July 9 as negotiations continue, BTC rebounded above $110,000 along with gains in the broader crypto market and stocks.

This surge in BTC price amid growing optimism across the financial markets has helped Bitcoin Pepe gain fresh momentum.

Notably, the cryptocurrency’s presale has grabbed attention after storming past $11.3 million ahead of its market debut on May 31, 2025.

Crypto flips bullish as Bitcoin (BTC) price reclaims $110k

Bitcoin’s bounce to above $110k is a notable feat that has bulls salivating for more.

This means bulls may eye a push to a new peak, eclipsing the $111,970 reached last week.

In fact, crypto analyst Captain Faibik has pointed out via X that BTC bulls have managed to bounce off a major trendline.

He sees the top crypto asset jumping to $115k next, with the feat possible this week amid market reaction to tariff news and institutional demand.

Speaking of tariffs, President Trump announced on Sunday that the recommended 50% tariffs on the EU will remain paused until July 9.

The news helped stock markets higher on Monday, with futures rising.

Whales look serious as a major trader closed a short position worth millions in BTC only to open another long position with 40x leverage.

Elsewhere, Robert Kiyosaki, author of Rich Dad Poor Dad, believes buying Bitcoin now could yield significant returns within the next two years.

His optimistic view mirrors the long-term outlook held by many investors toward crypto.

This sentiment likely contributes to the momentum behind the Bitcoin Pepe presale, which has surpassed the $11 million mark.

With the Crypto Fear & Greed Index currently in the “extreme greed” zone, the bullish traction could propel BTC and altcoins even higher.

Bitcoin Pepe hits $11.3m as presale momentum accelerates

Bitcoin continues to dominate headlines in the crypto space, with Bitcoin price back above $110k again.

However, as well as some outperforming altcoins, Bitcoin Pepe is another of the projects in the presale market, positioning for a potentially explosive debut.

As a meme-inspired token, Bitcoin Pepe looks to bring memes to the Bitcoin blockchain.

Its selling point is its quest to build a meme layer-2 on BTC that leverages Solana’s features of speed and low transaction costs.

The PEP-20 token standard means Bitcoin Pepe opens up the $2 trillion Bitcoin ecosystem.

Currently, there are only five days left before the BPEP presale ends on May 31, 2025.

The acceleration of the presale has not only pushed Bitcoin Pepe’s total ICO raise past $11.3 million but also highlighted the bullish sentiment around it.

Getting in on the action at the $0.0377 price, with just days before the exchange listing, might appear a little late.

However, experts say BTC will explode amid several broader market tailwinds, including spot exchange-traded funds and regulatory clarity.

Bitcoin Pepe is among those Bitcoin-related tokens that could mirror the benchmark asset’s trajectory, offering potentially staggering returns.

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Source: https://coinjournal.net/news/btc-reclaims-110k-as-bitcoin-pepe-hits-11-3m-amid-crypto-bounce/