Bitcoin surged past $94,000 today, hitting a new all-time high and keeping the crypto marketâs momentum alive.
But while all eyes are on BTC, some analysts are pointing to Pepe Unchained â a meme coin project thatâs raised over $40 million in presale.
Could this rising star steal some of Bitcoinâs thunder?
Bitcoinâs rally to $94,200 has solidified its dominance in this market cycle, with the momentum showing no signs of slowing down.
Spot trading volumes have climbed another 5% in the past day to $75.9 billion, while BTCâs market cap has reached an enormous $1.8 trillion.
Thatâs almost five times the size of Ethereum.
Open interest has also hit a record $30 billion, showing thereâs growing confidence from traders that BTC will keep rising.
Interestingly, market watchers have noticed something unusual.
According to analyst Crypto Rover, Bitcoin balances on exchanges are actually dropping during this bull run â a first in the coinâs history.
He called it a âmassive supply shock,â hinting that Bitcoinâs reduced availability could push its price even higher.
Ultimately, Bitcoin seems unstoppable right now.
And with the Crypto Fear & Greed Index continuing to tick higher, the fabled $100,000 mark appears within reach.
Bitcoin is getting a big push from the excitement around BlackRockâs spot BTC ETF options, which saw $1.9 billion in trades on their first day.
Bloomberg analyst Eric Balchunas called the number âunheard of.â
Many believe this surge in options trading has played a big role in Bitcoinâs latest spike.
With most traders betting on the price going even higher, the rush to buy ETF shares is spilling over into the spot market, adding even more power to the rally.
At the same time, Michael Saylor is keeping Bitcoin in the spotlight with his latest move.
The MicroStrategy chairman is set to pitch Microsoftâs board on adding Bitcoin to its balance sheet, claiming it could make the companyâs stock more stable â and less risky.
Microsoftâs board isnât sold on the idea yet.
However, the fact that a proposal like this is even being considered shows how Bitcoin is becoming harder for big players to ignore.
These shifts are all playing into the excitement around BTC right now â pushing the coinâs price to new highs.
Bitcoin isnât the only crypto thatâs getting media attention.
Another name that keeps popping up is Pepe Unchained, a meme coin project thatâs gone viral with its presale success and bold ambitions.
With Bitcoinâs rally setting the stage, many believe this rising star could be about to break out.
Pepe Unchained has now raised $40.8 million in its presale, with demand surging in the past week.
However, there are now just 23 days left before the presale wraps up.
PEPU tokens are still available for $0.001295 each â but not for long.
Once the presale ends, the token will be listed on an exchange, marking the first time its price will be decided by supply and demand factors.
Most of the excitement around Pepe Unchained is because of its Layer-2 solution, the âPepe Chain.â
Plus, features like the âPump Padâ and high-yield staking app are also grabbing attention.
Crypto analyst ClayBro is one of those who thinks PEPU will explode.
He uploaded a video yesterday saying it could be the âbest meme coin to buy now.â
So, with excitement building, early investors are hopeful that PEPU will follow in Bitcoinâs footsteps and post gains of its own.
Itâs set to be an exciting few weeks ahead for Pepe Unchained and its investors.
Visit Pepe Unchained Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post Bitcoin Hits $94K ATH as Analyst Eyes Pepe Unchained for the Next Big Breakout appeared first on CryptoPotato.
But while all eyes are on BTC, some analysts are pointing to Pepe Unchained â a meme coin project thatâs raised over $40 million in presale.
Could this rising star steal some of Bitcoinâs thunder?
Bitcoinâs Unstoppable Momentum Pushes It Past $94K
Bitcoinâs rally to $94,200 has solidified its dominance in this market cycle, with the momentum showing no signs of slowing down.
Spot trading volumes have climbed another 5% in the past day to $75.9 billion, while BTCâs market cap has reached an enormous $1.8 trillion.
Thatâs almost five times the size of Ethereum.
Open interest has also hit a record $30 billion, showing thereâs growing confidence from traders that BTC will keep rising.
Interestingly, market watchers have noticed something unusual.
According to analyst Crypto Rover, Bitcoin balances on exchanges are actually dropping during this bull run â a first in the coinâs history.
He called it a âmassive supply shock,â hinting that Bitcoinâs reduced availability could push its price even higher.
Ultimately, Bitcoin seems unstoppable right now.
And with the Crypto Fear & Greed Index continuing to tick higher, the fabled $100,000 mark appears within reach.
How BlackRockâs ETF Options & Michael Saylorâs Strategy Are Driving Bitcoinâs Rally
Bitcoin is getting a big push from the excitement around BlackRockâs spot BTC ETF options, which saw $1.9 billion in trades on their first day.
Bloomberg analyst Eric Balchunas called the number âunheard of.â
Many believe this surge in options trading has played a big role in Bitcoinâs latest spike.
With most traders betting on the price going even higher, the rush to buy ETF shares is spilling over into the spot market, adding even more power to the rally.
At the same time, Michael Saylor is keeping Bitcoin in the spotlight with his latest move.
The MicroStrategy chairman is set to pitch Microsoftâs board on adding Bitcoin to its balance sheet, claiming it could make the companyâs stock more stable â and less risky.
Microsoftâs board isnât sold on the idea yet.
However, the fact that a proposal like this is even being considered shows how Bitcoin is becoming harder for big players to ignore.
These shifts are all playing into the excitement around BTC right now â pushing the coinâs price to new highs.
Presale Coin Pepe Unchained Raises Over $40M as Analyst Predicts Upcoming Breakout
Bitcoin isnât the only crypto thatâs getting media attention.
Another name that keeps popping up is Pepe Unchained, a meme coin project thatâs gone viral with its presale success and bold ambitions.
With Bitcoinâs rally setting the stage, many believe this rising star could be about to break out.
Pepe Unchained has now raised $40.8 million in its presale, with demand surging in the past week.
However, there are now just 23 days left before the presale wraps up.
PEPU tokens are still available for $0.001295 each â but not for long.
Once the presale ends, the token will be listed on an exchange, marking the first time its price will be decided by supply and demand factors.
Most of the excitement around Pepe Unchained is because of its Layer-2 solution, the âPepe Chain.â
Plus, features like the âPump Padâ and high-yield staking app are also grabbing attention.
Crypto analyst ClayBro is one of those who thinks PEPU will explode.
He uploaded a video yesterday saying it could be the âbest meme coin to buy now.â
So, with excitement building, early investors are hopeful that PEPU will follow in Bitcoinâs footsteps and post gains of its own.
Itâs set to be an exciting few weeks ahead for Pepe Unchained and its investors.
Visit Pepe Unchained Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post Bitcoin Hits $94K ATH as Analyst Eyes Pepe Unchained for the Next Big Breakout appeared first on CryptoPotato.
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