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Bitcoin hits record high, US crypto stocks strong pre-market; Bit Origin surges over 48%, SharpLink Gaming and Bit Digital rise over 8%, Strategy and MARA Holdings up over 3%
ByAinvest
Friday, Jul 11, 2025 4:23 am ET1min read
Bitcoin hits record high, US crypto stocks strong pre-market; Bit Origin surges over 48%, SharpLink Gaming and Bit Digital rise over 8%, Strategy and MARA Holdings up over 3%
Title: Bitcoin Hits Record High, US Crypto Stocks Show Strength Pre-Market; Bit Origin Surges Over 48%July 2, 2025
Bitcoin (BTC) surged to a new record high, reaching the $109,000 mark on Tuesday, July 2, 2025. This significant price increase comes as one of the largest cryptocurrency exchanges in Asia, LBank, gears up for its debut. Meanwhile, the next-gen blockchain Bitcoin Solaris has initiated a price rollback, offering presale tokens at a discounted price of $5 [1].
President Donald Trump's expansion into the cryptocurrency sector is also making headlines. His company, Trump Media & Technology Group, has filed paperwork with the Securities and Exchange Commission (SEC) to launch a "Crypto Blue Chip ETF." This ETF would hold 70% of its assets in Bitcoin, 15% in Ethereum, 8% in Solana, 5% in Ripple, and 2% in Crypto.com's crypto [1].
Bitcoin Solaris, currently in its presale phase, has launched a 72-hour special rollback event. Investors can purchase presale tokens at $5, a significant markdown from the current presale price of $11-$8, depending on the phase. The target listing price for BTC-S is around $20, offering a potential 300-400% upside [1].
On the same day, ReserveOne, a new crypto venture with ties to industry veterans and a former U.S. commerce secretary, is expected to list on the Nasdaq through a merger with blank-check firm M3-Brigade Acquisition V Corp. This deal is anticipated to raise over $1 billion and align the company's cryptocurrency holdings with the U.S. strategic crypto reserve [1].
Bit Origin experienced a notable shift in investor sentiment, with a significant drop of 10.16% in pre-market trading on July 8, 2025. However, the company has regained compliance with Nasdaq's listing requirements for minimum stockholders' equity, a positive development that can instill confidence in investors regarding its financial health [2].
In addition to these developments, other cryptocurrency stocks showed strength pre-market. SharpLink Gaming and Bit Digital rose over 8%, while Strategy and MARA Holdings increased by over 3% [3].
References:
[1] https://economictimes.indiatimes.com/news/international/us/bitcoin-price-jumps-as-bitcoin-solaris-btcs-offers-special-price-rollback-crypto-venture-eyes-1-billion-nasdaq-listing/articleshow/122326866.cms
[2] https://www.ainvest.com/news/bit-origin-plunges-10-16-regaining-nasdaq-compliance-2507/
[3] https://www.ainvest.com/news/bit-origin-plunges-10-16-regaining-nasdaq-compliance-2507/
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