- Speculative capital is moving toward early-stage tokens as traders hunt for momentum-driven gains.
- Bitcoin Pepe has emerged as one of 2025’s most closely watched presales.
- The project has raised over $13.7 million in its presale so far.
The broader cryptocurrency market tracked Bitcoin’s weak performance on Thursday, with most of the top 100 altcoins trading in the red.
Dogecoin (DOGE) and Cardano (ADA) led losses among major altcoins.
DOGE fell to $0.18878, while ADA slipped to $0.67710.
Bitcoin (BTC), the largest digital asset by market capitalization, remained largely flat over the past 24 hours and was last seen trading at $104,594.95.
Despite the decline, sentiment remains moderately bullish. The Crypto Fear and Greed Index is still in “greed” territory at 62, although it has edged down slightly from earlier levels.
With Bitcoin (BTC) experiencing renewed volatility, retail investors are increasingly shifting focus to high-risk, high-reward plays such as Bitcoin Pepe, which has entered the final phase of its presale.
Speculative capital is moving toward early-stage tokens as traders hunt for momentum-driven gains.
Bitcoin Pepe, in particular, is benefiting from this shift, emerging as a favored bet among those looking to capitalize on short-term upside.
The appeal is familiar: a low-cost entry point, meme-driven branding, and the prospect of sharp price appreciation following initial exchange listings.
As Bitcoin’s price action remains choppy, such presales are drawing heightened interest from risk-tolerant segments of the market.
JPMorgan to accept BTC ETFs as collateral
JPMorgan Chase is preparing to allow its trading and wealth-management clients to use crypto-linked assets, such as exchange-traded funds (ETFs), as collateral for loans, Bloomberg reported on Wednesday, citing sources familiar with the matter.
The shift will begin with financing arrangements backed by BlackRock’s iShares Bitcoin Trust (IBIT), the largest US-listed spot Bitcoin ETF.
The move is expected to take effect in the coming weeks, with additional crypto ETFs to be added thereafter.
IBIT has amassed $70.16 billion in assets under management since its launch in January 2024 and now accounts for over half of the $128.13 billion invested across all US spot Bitcoin ETFs, according to SoSoValue data.
The bank will also start factoring crypto holdings into clients’ net worth and liquid asset calculations.
This change applies across all client tiers globally, from retail investors to high-net-worth individuals.
While JPMorgan had previously accepted crypto ETF-backed collateral in limited cases, the new policy represents a broader, more systematic integration of crypto into its wealth and lending businesses.
The move signals growing institutional acceptance of digital assets and aligns with JPMorgan CEO Jamie Dimon’s comments in May, in which he stated that the bank would soon permit clients to buy Bitcoin.
Bitcoin Pepe continues its forward march
Even as Bitcoin contends with short-term volatility, its accelerating adoption by major financial institutions is fostering a more supportive environment for broader market rallies.
In this environment, investor appetite is again turning toward speculative corners of the market, with meme coins among the early beneficiaries.
One standout in this rotation is Bitcoin Pepe, which has attracted significant attention for its attempt to merge blockchain infrastructure with viral meme culture.
Bitcoin Pepe has emerged as one of 2025’s most closely watched presales, drawing investor attention for its stated ambition to “build Solana on Bitcoin.”
By aiming to merge Bitcoin’s network security with Solana-like scalability, Bitcoin Pepe seeks to stand apart in a crowded meme coin landscape, where most projects rely heavily on branding and lack substantive tech layers.
The project has raised over $13.7 million in its presale so far, signaling notable demand ahead of a listing announcement set for June 17.
To support the buildout of its Layer 2 ecosystem, Bitcoin Pepe has announced a series of strategic partnerships with Super Meme, Catamoto, and Plena Finance.
With speculative capital rotating toward early-stage projects, Bitcoin Pepe is positioning itself to benefit from the broader trend.
