Bitcoin: Pepe Shines Amid Price Bleed

Bitcoin season is still in full swing, currently holding steady at an index of 14, according to CoinMarketCap. Even with all the market ups and downs, and exciting new tech like AI and Telegram gaming grabbing attention, BTC continues to be the most reliable player in the network. Yes, it’s dipped around 20% from its peak in late January, but it’s still sitting pretty, 30% higher than where it was last year.
Despite Bitcoin’s strength, many smart investors are now eyeing up opportunities in the altcoin world. Meme culture, in particular, has been a real game-changer, creating a wave of crypto millionaires. That’s a big reason why fresh, innovative meme projects like Bitcoin Pepe are seeing impressive numbers in their early presale stages. Bitcoin Pepe’s clever mix of meme appeal, the new PEP-20 standard, and a layer-2 solution on the Bitcoin network definitely makes it one of the crypto ICOs to keep a close watch on in 2025.
Bitcoin ETFs See Significant Outflows as BTC Price Faces Downward Pressure
Bitcoin’s price is in the red for the second week running, with bulls working hard to hold the line at the $85,000 support level. Since reaching its all-time high back in late January 2025, it’s come down by over 20%, even briefly dropping below that critical $80,000 mark just last week.
Adding to the pressure, Bitcoin ETFs experienced total net outflows of $409.21 million on March 7th, according to SoSoValue. Leading the pack were the ARK 21Shares Bitcoin ETF and Fidelity Wise Origin Bitcoin Fund, which saw daily net outflows of $160.03 million and $154.89 million respectively.
Looking at the daily chart, it seems we might see this downtrend continue, at least for the short term. It’s likely Bitcoin will trade between $85,083 and the 25-day EMA of $91,054 for a bit. If buyers don’t step up to defend the current support, bears might have a chance to push back to the week’s low of $82,223.
Bitcoin Pepe Hype Builds, Surpassing $4 Million in Under 4 Weeks
In less than a month since its presale kicked off, Bitcoin Pepe has already raised over $4 million! It’s clear this is more than just another meme coin; it’s a truly innovative project making waves.
Thanks to the new PEP-20 standard, anyone can now launch a meme coin directly on the super-secure Bitcoin network. This is bridging the gap between Bitcoin purists who might have dismissed meme coins before, and meme coin fans who thought Bitcoin was out of reach.
Plus, their Layer 2 solution is aiming to create a “Solana on Bitcoin” experience. This basically means investors can get the best of both worlds: Bitcoin’s rock-solid security with faster speeds and lower fees.
Currently in stage 6 of its presale, early investors are already looking at gains of 27.6%. And by the time it hits public exchanges in Q2, their initial investment is projected to have earned a total return of 311.4%! Want to learn more? Read more on how to buy Bitcoin Pepe here.
Crypto Market Slump Sends Solana into Range-Bound Trading
Solana’s price has been on a wild ride lately, dropping roughly 53% since its all-time high in late January 2025. Over this period, it’s been in the red for six out of the last seven weeks.
Looking at its daily chart, Solana is still trading below both the 25 and 50-day EMAs, suggesting it’s not out of choppy waters yet. In the near future, the range between the solid support zone of $125.28 and the resistance level of $146.33 will be key to watch. If it bounces back, bulls will be aiming for the next target around $160.10.