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BTC and XRP bull run starts, boosting the viral Bitcoin Pepe

by admin May 24, 2025
May 24, 2025
BTC and XRP bull run starts, boosting the viral Bitcoin Pepe

Most crypto majors, including Ethereum, Ripple, and Solana, have recorded significant gains after Bitcoin hit a fresh all-time high earlier on Thursday. With Bitcoin bulls now eyeing the next target at $120,000, investors are looking for opportunities to activate their Bitcoin capital.

Bitcoin Pepe, the first meme ICO on the Bitcoin network gives crypto enthusiasts a chance to rake in hefty gains from Bitcoin’s uptrend and the broader crypto bull run of 2025. With slightly over a week left to the announced CEX listing, it is no wonder investors are rushing to amass some BPEP tokens at the currently affordable price of $0.0359.   

Bitcoin hits fresh all-time high as market sentiment improves

Bitcoin price remains on an uptrend, holding steady above the psychologically crucial zone of $110,000.  In fact, as seen on its daily chart, the crypto major formed the bullish three white soldiers pattern; bolstering Bitcoin price to a new all-time high of $111,881 in early Thursday session. The risk-on mood has kept the bulls in control with the crypto fear & greed index rising from the previous session’s greed level of 68 to 69. 

After a period of consolidation, Bitcoin price has regained the bullish momentum to break the resistance around $106,600. In the short term, I expect Bitcoin price to continue soaring as investors move from the sidelines and buy. The most likely scenario is where it rises to $120,000 by the end of the week.

Bitcoin price chart | Source: TradingView

Read more: Best crypto stocks to buy as odds of Bitcoin price hitting $150,000 rise

Bitcoin pepe upward momentum surges as presale comes to an end

It’s been three months since the Bitcoin Pepe presale began and the countdown to its public listing is on. With the presale slated to end on 31st May, crypto enthusiasts are rushing to amass some BPEP tokens before the price skyrockets.

It has become one of the highly talked-about projects in the meme crypto space. In addition to the limited time, confirmation of CEX listing has further bolstered the project’s virality and subsequent FOMO. So far, the project has raised over $10 million, with over $1 million in just a week.

As Bitcoin’s market cap remains steady above $2 trillion, investors are looking for opportunities to benefit from the uptrend and the broader crypto bull run of 2025. Being the first meme ICO on the Bitcoin network, Bitcoin Pepe is an ideal investment opportunity. What’s more, with its robust growth potential, its current token price of $0.0359 will likely be the lowest it will ever get to moving forward. 

Ripple price defies upside limit as XRP ETFs launch

XRP price chart | Source: TradingView

For more than a week now, Ripple price has been under pressure as the market processes the recent rejection of the joint agreement request by Ripple Labs and SEC. However, with the improved risk-on mood and launch of XRP futures ETF, the altcoin rallied to a one-week high in early Thursday session. 

Data from CoinMarketCap showed a price increase of 2.61% over the past 24 hours. Besides, its trading volume has surged by 45.56%. An increase in trading volume usually signals heightened investor interest.  

A look at its four-hour price chart shows the 25 and 50-day EMAs converging at the support zone of $2.3865. In the near term, I expect the altcoin to hold steady above that zone with $2.4550 being the resistance level to beat. Beyond that zone, the bulls will have cleared their path to the psychologically crucial level of $2.5000. The bulls remain in control for as long as Ripple price continues to trade above $2.3434. 

Read more: Top 4 blue-chip altcoins to buy as the crypto bull run starts

The post BTC and XRP bull run starts, boosting the viral Bitcoin Pepe appeared first on Invezz

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