Bitcoin (BTC) price has reclaimed the $110,000 level

Bitcoin's bounce to above $110k is a notable feat that has bulls salivating for more.

The price of Bitcoin (BTC) slid to lows of $107k on Friday after President Trump announced that he may impose a 50% tariff on the European Union.

However, following the latest update that a delay is in place until July 9 as negotiations continue, BTC rebounded above $110k along with gains in the broader crypto market and stocks. This surge in BTC price amid growing optimism across the financial markets has helped Bitcoin Pepe gain fresh momentum.

Notably, the cryptocurrency’s presale has stormed past $11.3 million ahead of its market debut on May 31, 2025.

Crypto Flips Bullish As Bitcoin (BTC) Price Reclaims $110k

Bitcoin’s bounce to above $110k is a notable feat that has bulls salivating for more.

This means bulls may eye a push to a new peak, eclipsing the $111,970 reached last week.

In fact, crypto analyst Captain Faibik has pointed out via X that BTC bulls have managed to bounce off a major trendline. He sees the top crypto asset jumping to $115k next, with the feat possible this week amid market reaction to tariff news and institutional demand.

Speaking of tariffs, President Trump announced on Sunday that the recommended 50% tariffs on the EU will remain paused until July 9. The news helped stock markets higher on Monday, with futures rising.

Whales look serious as a major trader closed a short position worth millions in BTC only to open another long position with 40x leverage.

Elsewhere, Robert Kiyosaki, author of Rich Dad Poor Dad, believes buying Bitcoin now could yield significant returns within the next two years. His optimistic view mirrors the long-term outlook held by many investors toward crypto.

This sentiment likely contributes to the momentum behind the Bitcoin Pepe presale, which has surpassed the $11 million mark. With the Crypto Fear & Greed Index currently in the “extreme greed” zone, the bullish traction could propel BTC and altcoins even higher.

Bitcoin Pepe Hits $11.3M As Presale Momentum Surging

Among the tokens rolling out in the presale market is Bitcoin Pepe, which is positioning for a potentially explosive debut.

A meme-inspired token, Bitcoin Pepe aims to bring memes to the Bitcoin blockchain. Its selling point is its endeavor to build a meme layer-2 on BTC that leverages Solana’s characteristics of speed and minimal transaction costs. The PEP-20 token standard means Bitcoin Pepe unlocks the $2 trillion Bitcoin ecosystem.

Currently, there are only five days left before the BPEP presale concludes on May 31, 2025.

The acceleration of the presale has not only pushed Bitcoin Pepe’s total ICO to raise past $11.3 million but also highlighted the bullish sentiment around it.

Getting in on the action at the $0.0377 price, with just days before the exchange listing, might appear a little late. However, experts say BTC will explode amid several broader market tailwinds, including spot exchange-traded funds and regulatory clarity.

Bitcoin Pepe is among those Bitcoin-related tokens that could mirror the benchmark asset’s trajectory, offering potentially staggering returns.