Kategorie: Bitcoin News

• The Bitcoin Pepe presale has remained resilient, continuing to attract strong investor interest.
• The project has raised over $15.3 million during its ongoing presale.
• The BPEP token is currently priced at $0.0416.

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

Risk assets broadly came under pressure as markets reacted to the escalation.

The sub-$100,000 level, however, proved short-lived.

BTC rebounded during early Monday trading in Asia, recovering to around $101,841 at the time of writing.

Bitcoin now hovers near the psychologically significant $100,000 threshold.

A decisive close below that level could open the door to further downside, with the next target near Sunday’s intraday low of $98,200.

Ethereum (ETH), Ripple (XRP), and other major altcoins extended last week’s losses, reflecting continued risk aversion across digital assets.

In this volatile backdrop, investor interest in early-stage projects has not abated.

Bitcoin Pepe, a meme-centric Layer 2 project, continues to draw strong presale inflows despite the broader market uncertainty.

Arthur Hayes says BTC can bounce back

Bitcoin prices fell below the $100,000 mark for the first time since early May, but BitMEX co-founder Arthur Hayes believes the dip is temporary.

“The weakness shall pass,” Hayes posted on X, adding that Bitcoin will soon “leave no doubt as to its safe haven status.”

He attributed the eventual rebound to continued central bank money printing, which he says will support Bitcoin’s long-term bullish trajectory.

Bitcoin has been in a five-week consolidation phase, facing repeated resistance near the $110,000 level.

Do you hear that? … it’s the sound of the money printers revving up to do their patriotic duty. This weakness shall pass and $BTC will leave no doubt as to its safe haven status. pic.twitter.com/PTfZaAXFp7

— Arthur Hayes (@CryptoHayes) June 22, 2025

The top cryptocurrency has failed three times to break higher, as short-term macroeconomic shocks — ranging from renewed tariff concerns in May to the ongoing Israel–Iran conflict — have weighed on sentiment.

At the time of writing, most altcoins were in the red. Total market capitalization fell 0.8% to $3.12 trillion, according to CoinGecko data.

Bitcoin Pepe’s strong show

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

Against this backdrop, the Bitcoin Pepe presale has remained resilient, continuing to attract steady capital inflows.

The sustained interest suggests the project may be positioned to weather current market conditions, especially as Bitcoin is seen making a strong comeback.

As the first meme-centric Layer 2 built on the Bitcoin network, Bitcoin Pepe seeks to redefine meme tokens by combining the security of Bitcoin’s base layer with scalability features typically associated with networks like Solana.

This blend of technical infrastructure and cultural relevance differentiates it from other meme tokens that often lack functional utility.

The development team has also released infrastructure visuals to improve transparency and build investor confidence.

To support its Layer 2 ecosystem, Bitcoin Pepe has formed strategic partnerships with Super Meme, Catamoto, and Plena Finance.

The project’s presale has raised over $15.3 million so far, with BPEP tokens priced at $0.0416.

Listings on MEXC and BitMart are expected to enhance liquidity and visibility.

Another major listing announcement is scheduled on June 30, adding further momentum as the presale approaches its close.

The post Best crypto to buy now as analyst sees BTC making a strong comeback appeared first on CoinJournal.

• Bitcoin (BTC) trades around $104.5K, down 2% weekly, amid market uncertainty and Mideast tension fears.
• CryptoQuant warns BTC could revisit $92K or $81K if demand keeps falling.
• Glassnode sees “quiet” blockchain as network maturation, with institutions driving large-value transfers.

Bitcoin (BTC) is trading steadily above the $104,500 mark as the Asian trading week gets into full swing.

Despite the ominous backdrop of a potential looming war in the Middle East, the leading cryptocurrency has remained relatively flat on the day with negligible price movement.

In fact, over the past full week, Bitcoin is down only a modest 2%, according to CoinDesk market data.

This apparent calm, however, is prompting a vigorous debate among market analysts: Is this a sign of underlying strength, or is something more precarious brewing beneath the surface?

Three new reports released this week from prominent crypto analytics firms CryptoQuant and Glassnode, along with trading firm Flowdesk, all paint a similar picture of current surface conditions: low volatility, tight price action, and subdued on-chain activity.

A notable shift in market dynamics is also evident, with retail participation reportedly waning while institutional players—ranging from Bitcoin ETF investors to large “whale” holders—are increasingly shaping the structure of market flows.

It is CryptoQuant, however, that is sounding the most urgent cautionary note.

In its June 19 report, the firm argued that Bitcoin could soon revisit the $92,000 support level, or potentially fall as low as $81,000, if current trends of deteriorating demand continue.

According to CryptoQuant, while spot demand for Bitcoin is still increasing, it is doing so at a rate well below its established trend. Inflows into Bitcoin ETFs have reportedly dropped by more than 60% since April, and whale accumulation has halved during the same period.

Furthermore, short-term holders, who are typically newer market participants, have shed approximately 800,000 BTC since late May.

CryptoQuant’s demand momentum indicator, which tracks directional buying strength across key investor cohorts, is now reading a negative 2 million BTC – the lowest level ever recorded in the firm’s dataset.

Glassnode’s counterpoint: a maturing network, not weakness

Glassnode, while acknowledging similar on-chain signals, arrives at a far less dire conclusion.

In its weekly on-chain update, the firm concedes that the Bitcoin blockchain is currently “quiet,” meaning that transaction counts are down, network fees are minimal, and miner revenue is subdued.

However, Glassnode posits that this may not necessarily indicate weakness but could instead be a reflection of the network’s ongoing evolution.

They point out that on-chain settlement volume remains high but is increasingly concentrated in large-value transfers.

This suggests that the Bitcoin blockchain is progressively being utilized by institutions and whales for significant transactions, rather than for smaller, everyday retail activity.

Furthermore, Glassnode notes that the derivatives market now dwarfs on-chain activity, with futures and options volumes regularly exceeding spot market volumes by a factor of 7 to 16 times.

This shift, they argue, has brought with it more sophisticated hedging strategies, better collateral management practices, and an overall more mature, albeit less frenetic, market structure.

The rise of crypto treasury companies: a new financial engineering?

Adding another layer to the evolving market structure, a new report from Presto Research argues that Crypto Treasury Companies (CTCs)—such as Michael Saylor’s MicroStrategy (now Strategy) and Japan’s Metaplanet—are more than just leveraged Bitcoin ETFs.

Presto suggests they represent a new form of financial engineering that may carry less risk than many investors assume.

Strategy’s latest capital raise, which secured nearly $1 billion via perpetual preferred shares, demonstrates how Bitcoin’s inherent volatility can be leveraged to an issuer’s advantage.

These securities, along with convertible bonds and at-the-market equity sales, allow CTCs to fund aggressive crypto accumulation strategies without triggering the margin risks typically associated with leveraged positions.

Presto points out that Strategy’s Bitcoin holdings are unpledged, and Metaplanet’s bonds are unsecured.

This means that collateral liquidation—the primary trigger for past crypto industry blowups like Celsius and Three Arrows Capital—is largely absent in these structures.

While this doesn’t eliminate risk entirely, it fundamentally changes its nature.

The real challenge for CTCs, Presto argues, is not the crypto exposure itself but the discipline required to manage dilution, cash flow, and capital timing effectively.

Metaplanet’s “bitcoin yield” metric, which measures BTC per fully diluted share, reflects this crucial focus on delivering shareholder value.

As long as CTCs can adeptly manage the financial mechanics underpinning their accumulation strategies, Presto believes they will continue to earn Net Asset Value (NAV) premiums, similar to high-growth companies in traditional markets.

However, if they miscalculate, the very tools that fuel their ascent could just as easily accelerate their fall.

The post Bitcoin trades near $105K amid low volatility; analysts offer mixed outlooks appeared first on CoinJournal.