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- As per Farside data, US BTC ETFs saw net inflows of around $195 million in the week ended March 28.
- Growing institutional interest in Bitcoin could fuel a broader rally, potentially benefiting emerging projects like Bitcoin Pepe.
- Since its presale launch in mid-February, Bitcoin Pepe has gained steady traction, offering early investors promising returns.
Bitcoin ETFs registered inflows for the second consecutive week.
As per Farside data, US BTC ETFs saw net inflows of around $195 million in the week ended March 28.
US spot Bitcoin ETFs recorded their 10th consecutive day of inflows on Thursday, marking the longest streak this year and the most sustained run since the 15-day inflow streak in November and December.
However, the streak came to a halt on Friday. On March 28, the ETFs saw a net outflow of around $93 million.
Growing institutional interest in Bitcoin could fuel a broader rally, potentially benefiting emerging projects like Bitcoin Pepe.
Bitcoin fails to breach $90K
Bitcoin (BTC), which was trading just below $88,000 for the better part of this week, has dropped to $83,800, marking a 1.5% decline over the past 24 hours.
The downturn coincided with a broader selloff in US equities, as the S&P 500 and Nasdaq fell 2% and 2.8%, respectively, following weak economic data.
Crypto-related stocks also took a hit, with MicroStrategy (MSTR), the largest corporate holder of BTC, sliding 10%, while Coinbase (COIN) declined 7.7%.
The February PCE inflation report showed a 2.5% annual increase in the price index, with core inflation at 2.8%, slightly above expectations. Consumer spending rose 0.4%, but inflation-adjusted figures suggest minimal growth, indicating potential economic challenges ahead.
Why a Bitcoin rally can help Bitcoin Pepe
A Bitcoin rally could provide a significant boost to Bitcoin Pepe, as broader crypto market trends often follow Bitcoin’s lead.
Meme coins, in particular, tend to attract retail interest during Bitcoin’s upward movements due to their affordability and accessibility.
Bitcoin Pepe, the only Bitcoin meme ICO, could benefit from this dynamic, leveraging its connection to the top cryptocurrency.
The project aspires to establish itself as the leading blockchain for memes.
Positioning itself as the first meme-focused Layer 2 solution on Bitcoin, Bitcoin Pepe seeks to merge Bitcoin’s security with Solana-like scalability, distinguishing itself as a potential disruptor in the crypto market.
Bitcoin Pepe presale gains momentum
The Bitcoin Pepe presale continues to attract strong investor interest, successfully progressing through its initial stages. Since its presale launch in mid-February, Bitcoin Pepe has gained steady traction, offering early investors promising returns.
The project has already secured over $5.6 million from early adopters, reflecting growing confidence in its potential.
Following a 30-stage model, the BPEP token price increases by approximately 5% at each stage.
Initially launched at $0.021, BPEP has now reached $0.0295 in stage 8, with an upcoming increase to $0.031.
By the end of the presale, the token is expected to hit $0.0864, offering potential returns exceeding 300% for early investors.
As Bitcoin Pepe gains traction in 2025, early participation could be particularly advantageous.
With strong presale momentum, a solid foundation, and favorable market conditions, the project appears well-positioned to capitalize on the next wave of crypto enthusiasm.
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