Bitcoin (BTC) Dips Below $107k, Failing to Make a New All-Time High

The cryptocurrency market has been positive since the start of the week. Bitcoin, the number one crypto by market cap, added over 2.5% to its value in the last seven days

Key takeaways

* BTC drops below $107k as bulls fail to make a new all-time high.

* $BPEP’s price hits $0.0359 as presale nears conclusion.

* $BPEP’s presale hits $10.7m, CEXs to list token.

The cryptocurrency market has been positive since the start of the week. Bitcoin (BTC), the number one crypto by market cap, added over 2.5% to its value in the last seven days, hitting the $107k level earlier today.

However, BTC has now dropped below $107k as bulls failed to make a new all-time high. At press time, the price of Bitcoin stands at $106,457 but could rally higher in the near term.

Market analysts are optimistic that Bitcoin will hit a new all-time high soon, and it is currently only 2.4% away from the current ATH price of $109,114.

$BPEP’s price hits $0.0359 as presale nears conclusion

$BPEP, the native token of the Bitcoin Pepe ecosystem, is performing excellently as the Bitcoin Pepe presale approaches its end. Currently in its presale, $BPEP could rally higher once it launches on exchanges. This could be an excellent opportunity for investors to purchase the $BPEP token before the price explodes.

Bitcoin Pepe is a unique project that aims to enhance memecoin trading on the Bitcoin blockchain. The team is developing an L2 network to leverage Bitcoin’s liquidity and security to build a thriving memecoin trading ecosystem.

This network will enable developers to have access to tools to migrate their memes from other blockchains to the Bitcoin blockchain. The Bitcoin Pepe ecosystem will be fully powered by $BPEP, its native coin. Developers will use the token to pay for fees and other transactions.

Read more about Bitcoin Pepe’s memecoin ICO here.

Bitcoin Pepe’s presale hits $10.7m, CEXs to list token

Bitcoin Pepe’s presale is approaching its end, and the team has raised over $10.5 million so far. The presale gives investors an excellent opportunity to purchase the $BPEP token at a discount.

$BPEP is the first meme initial coin offering (ICO) on the Bitcoin blockchain and has gained widespread adoption among investors. The team will use the generated funds to develop some of its products and services.

Bitcoin Pepe could gain massive adoption thanks to its proposed layer-2 network. Currently, there are millions of memecoins in the cryptocurrency market. Allowing developers to launch memecoins on Bitcoin, the world’s most liquid and secure blockchain, could see Bitcoin Pepe’s adoption grow tremendously in the coming months and years.

Investors can buy $BPEP via the Bitcoin Pepe website. Accepted modes of payment include ETH, USDT, USDC, BNB, and SOL. Once the presale concludes, $BPEP will list on various cryptocurrency exchanges. $BPEP going live on centralised cryptocurrency exchanges could also see its value soar higher in the short and medium terms.

Want to buy the $BPEP token now? Visit the official website today.