Bitcoin (BTC) Edges Ever Closer to Recording a New All-Time High, BTC Bull Token (BTCBULL) Presale Raises Over $6M

Bitcoin is edging ever closer to recording a new all-time high, climbing to $104,000 today. This renewed momentum comes amid rising Bitcoin mining profits that are further fueling the positive sentiment.

Bitcoin is edging ever closer to recording a new all-time high, climbing to $104,000 today. This renewed momentum comes amid rising Bitcoin mining profits that are further fueling the positive sentiment.

With Bitcoin appearing set for further gains, the presale for BTC Bull Token (BTCBULL) is seeing considerable investment. This project will reward holders with Bitcoin airdrops when BTC hits major new price milestones and has raised over $6 million through its ongoing ICO.

JPMorgan Counts on Bitcoin’s Success as Demand for the Largest Cryptocurrency Grows

Authored by JPMorgan analysts Reginald Smith and Charles Pearce, the bank’s latest report on Bitcoin reveals that miners earned approximately $50,100 in daily block reward revenue for every exahash per second (EH/s) of mining power during May’s first two weeks.

Representing a 13% increase from April and 3% from the same period last year, this uptick in profitability hasn’t gone unnoticed by investors, as JPMorgan-tracked U.S.-listed mining stocks surged 24% this month.

The enthusiasm of investors and miners is mirrored on the institutional side as well. JPMorgan, despite its CEO Jamie Dimon’s previous criticism of Bitcoin, has decided to allow its clients to buy Bitcoin, highlighting the growing demand for crypto exposure among mainstream investors.

However, JPMorgan is just joining the wave of institutional engagement with Bitcoin, which has already reshaped corporate treasury strategies in the past. Companies like Strategy and Metaplanet are already using BTC as more than just a hedge against currency devaluation, as it is also a driver of shareholder value and company performance.

On May 19th, Michael Saylor’s Strategy purchased approximately $764.9 million worth of Bitcoin, raising its total BTC holdings to 576,230 tokens. Although a smaller investment in comparison, Metaplanet added another 1,004 BTC to its portfolio the same day.

As Lookonchain detects increasing whale activity, which saw three whale-owned wallets accumulate a total of over $264.52 million worth of BTC over the past 24 hours, technical analyst Crypto Elites believes BTC is headed to the $150,000 mark over the next few months.

1 Bitcoin = $175,000It’s only a matter of time.$BTC #Bitcoin #Crypto

The analyst believes Bitcoin can surge to $150,000 before 2026 if resistance at the $113,900 level is breached, expecting BTC to face a sharp correction before moving up to the $170,000 mark in early 2026.

With its 50-day Simple Moving Average (SMA) of $92,255 well-above its 200-day SMA of $86,257, Bitcoin is exhibiting a classic “Golden Cross” pattern. Often seen as a major indicator of future upward price movement, the pattern suggests Bitcoin’s current price in the $105,000 range represents a strong buying zone.

BTC Bull Token Presale Crosses $6M Raised As Bullish Sentiment Around Bitcoin Builds

BTC Bull Token is set to reward its holders during the BTC bull run with its unique tokenomics that includes a deflationary model and two sets of Bitcoin airdrop rewards.

BTC bull token is offering investors the chance to earn a part of Bitcoin’s gains as the cryptocurrency continues to rise in price. Credit: BTC Bull Token

Those holding BTC Bull Token (BTCBULL) will be rewarded with BTC whenever the apex coin hits a new $25,000 price milestone, beginning with the $125,000 mark. This means BTCBULL holders will reap even greater gains as Bitcoin soars to new highs.

Two BTC airdrops are scheduled to trigger once Bitcoin reaches the $150,000 and $200,000 levels.

It is little surprise then that investors are pouring into the presale for BTC Bull Token (BTCBULL), which is rapidly approaching the $7 million mark as the project prepares for its upcoming exchange listing.

BTC Bull Token Is Heating Up Its Presale

BTC Bull Token is quickly becoming a presale favorite among investors, and for good reason. The project is offering a unique twist on cryptocurrency investment with its novel tokenomics.

BTC Bull Token will reward holders with Bitcoin whenever the apex cryptocurrency hits a new $25,000 price milestone, starting with $125,000.

Furthermore, BTC Bull Token will be offering two large Bitcoin airdrops to its community when Bitcoin reaches $150,000 and $200,000.

This strategy is designed to provide long-term value to BTC Bull Token holders and align their interests with