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- On Thursday, May 22, Bitcoin Pizza Day, total net tickets reached 934.8 million dollars, the highest figure in a single day this month.
- As the general feeling of the market becomes more optimistic, initial stage assets such as Bitcoin Pepe They are winning impulse.
- The Token BPEP, with a price of $ 0.0359, has raised more than $ 11 million in its presale.
Bitcoin (BTC) continued its historical rebound this week, exceeding its previous historical maximum of $ 109,588 on Wednesday before establishing a new record of $ 111,980 on Thursday.
As of Friday, the cryptocurrency is consolidating around the level of $ 111,000, maintaining its position of price discovery.
The strong bullish impulse has placed the mark of $ 120,000 firmly in the spotlight as the next level of psychological resistance.
If the current trend is maintained, BTC could expand its profits in the midst of strengthening demand and continuous institutional interest.
Ethereum (eth) and Ripple (XRP) are also showing resistance, driven by a broader upward feeling in digital assets.
Both tokens are gaining ground as investors rotate towards the Altcoins, looking for advantages before the weekend.
Bitcoin, considered for a long time as the cornerstone of the cryptocurrency market and a safeguard against world economic instability, is increasingly seen by some investors as too mature to offer exponential profits.
With the increase in institutional participation and increasingly moderate price oscillations, their attractiveness for those who seek opportunities of high risk and high reward is decreasing.
Meanwhile, the Center for Attention is displacing new and in the initial phase as Bitcoin Pepe.
As the general feeling of the market becomes more optimistic, this segment of the cryptocurrency panorama is prepared to attract a greater proportion of speculative capital, amplifying potential yields for pioneers.
BTC ETFs continue to register mass tickets
During the last six days of negotiation, the Bitcoin ETF in cash that quotes in the US.
On Thursday, May 22, Bitcoin Pizza Day, total net tickets reached 934.8 million dollars, the highest figure in a single day this month, according to Farside data.
The Blackrock Ibit led the load, winning 877.2 million dollars in the day, far exceeding its peers.
This strong influx on a symbolic date for Bitcoin occurs after a constant accumulation earlier of the week, including 530.6 million dollars on May 21 and 287.5 million dollars on May 20.
Even in the middle of the exits of some emitters in the broader data set, last week it has shown positive consistent positive, which suggests that the increase in prices and a change in the feeling of the market are attracting capital towards products linked to Bitcoin on a large scale.
With the reference cryptocurrency repeatedly exceeding record levels, the appetite for exposure through regulated investment vehicles seems to be intensifying.
Why the markets are looking at Bitcoin Pepe
The last historical maximum of Bitcoin has revived the appetite for the risk in cryptocurrency markets, and speculative assets call the attention of investors again.
Among the beneficiaries of this impulse is Bitcoin Pepe, a layer 2 project focused on memecoins positioned in the confluence of internet culture and blockchain infrastructure.
Taking advantage of Bitcoin’s security and the scalability of an architecture similar to Solana, Bitcoin Pepe is positioning itself as a fundamental platform for the memecoins culture within the Bitcoin ecosystem.
The project has announced a series of strategic associations aimed at expanding its usefulness.
These include Super Meme to launch tokens through the PEP-20 standard, catamoto for fair launches of the base chain and full finance for possible defi integrations for mobile devices.
Bitcoin Pepe is also working with Gete Network to explore web 3 games between chains.
The interest of investors has been fast. The Token BPEP, with a price of $ 0.0359, has raised more than $ 11 million in presale funds before its conclusion planned for May 31.
A quote in the exchanges is expected shortly after, which could catalyze a greater discovery of prices.
With Bitcoin returning the capital to the space of cryptocurrencies and memecoins once again at the point of sight, Bitcoin Pepe It is positioning itself as a high -risk play and high reward in the current market cycle, which could gain more traction if retail speculation continues to increase.
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