Best crypto to buy now as analyst sees BTC making a strong comeback


Bitcoin Price Plummets

  • The Bitcoin Pepe presale has remained resilient, persevering with to draw robust investor curiosity.
  • The venture has raised over $15.3 million throughout its ongoing presale.
  • The BPEP token is at the moment priced at $0.0416.

Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling beneath $98,500 after a US airstrike on Iranian nuclear facilities over the weekend intensified geopolitical tensions.

Threat belongings broadly got here below stress as markets reacted to the escalation.

The sub-$100,000 degree, nevertheless, proved short-lived.

BTC rebounded throughout early Monday buying and selling in Asia, recovering to round $101,841 on the time of writing.

Bitcoin now hovers close to the psychologically vital $100,000 threshold.

A decisive shut beneath that degree may open the door to additional draw back, with the subsequent goal close to Sunday’s intraday low of $98,200.

Ethereum (ETH), Ripple (XRP), and different main altcoins prolonged final week’s losses, reflecting continued threat aversion throughout digital belongings.

On this risky backdrop, investor curiosity in early-stage tasks has not abated.

Bitcoin Pepe, a meme-centric Layer 2 venture, continues to attract robust presale inflows regardless of the broader market uncertainty.

Arthur Hayes says BTC can bounce again

Bitcoin costs fell beneath the $100,000 mark for the primary time since early Could, however BitMEX co-founder Arthur Hayes believes the dip is short-term.

“The weak point shall move,” Hayes posted on X, including that Bitcoin will quickly “depart little doubt as to its secure haven standing.”

He attributed the eventual rebound to continued central financial institution cash printing, which he says will assist Bitcoin’s long-term bullish trajectory.

Bitcoin has been in a five-week consolidation section, going through repeated resistance close to the $110,000 degree.

The highest cryptocurrency has failed 3 times to interrupt greater, as short-term macroeconomic shocks — starting from renewed tariff issues in Could to the continued Israel–Iran battle — have weighed on sentiment.

On the time of writing, most altcoins have been within the pink. Whole market capitalization fell 0.8% to $3.12 trillion, in response to CoinGecko knowledge.

Bitcoin Pepe’s robust present

The crypto market has seen heightened volatility in latest months, characterised by sharp rallies, steep pullbacks, and shifting investor sentiment.

In opposition to this backdrop, the Bitcoin Pepe presale has remained resilient, persevering with to draw regular capital inflows.

The sustained curiosity suggests the venture could also be positioned to climate present market situations, particularly as Bitcoin is seen making a powerful comeback.

As the primary meme-centric Layer 2 constructed on the Bitcoin community, Bitcoin Pepe seeks to redefine meme tokens by combining the safety of Bitcoin’s base layer with scalability options sometimes related to networks like Solana.

This mix of technical infrastructure and cultural relevance differentiates it from different meme tokens that always lack useful utility.

The event staff has additionally launched infrastructure visuals to enhance transparency and construct investor confidence.

To assist its Layer 2 ecosystem, Bitcoin Pepe has shaped strategic partnerships with Tremendous Meme, Catamoto, and Plena Finance.

The venture’s presale has raised over $15.3 million to date, with BPEP tokens priced at $0.0416.

Listings on MEXC and BitMart are anticipated to boost liquidity and visibility.

One other main itemizing announcement is scheduled on June 30, including additional momentum because the presale approaches its shut.





Source link