Bitcoin News Today: Bitcoin rebounds 2.7% as WeWake Presale Token gains investor traction

Bitcoin's recent rebound above $118,900 has reignited optimism in the cryptocurrency market, drawing attention to both established assets and emerging projects. The recovery followed a sharp decline that briefly pushed the price down to $115,784. This movement coincided with the U.S. Federal Reserve’s decision to maintain current interest rates for the fifth consecutive meeting, a vote that split 9–2 among policymakers. While the decision confirmed no immediate rate cuts, it left room for speculation about future policy adjustments as economic growth slows and inflation remains elevated [1].

Market turbulence during the 24-hour period saw $431 million in liquidations, with long positions bearing the brunt of the losses. Bitcoin liquidations totaled $58.49 million, with Ethereum, Solana, XRP, and Dogecoin also affected. Analysts note that the price rebound has offered short-term relief for investors monitoring macroeconomic conditions [2].

Amid this volatility, the WeWake Presale Token has attracted significant interest. The project aims to simplify onboarding for both users and developers by offering a walletless and gasless Layer 2 blockchain solution. Utilizing zk-rollup scaling, ERC-4337 smart wallets, and a Paymaster system, the platform allows users to log in via Google or Telegram without needing to install traditional wallets or pay transaction fees [3].

Currently in its fifth presale stage, the WeWake Presale Token is priced at $0.0160, with early buyers gaining exclusive staking and governance benefits. The whitepaper outlines tokenomics, roadmap, and integration plans, with 32% of the total 308,726,951 token supply reserved for the presale [4].

The project’s roadmap includes a public testnet launch by Q4 2025, featuring walletless login, a Paymaster sandbox, and gasless swaps for developers. By Q2 2026, the mainnet is expected to go live with full SDK support and Telegram mini-app integrations to enhance onboarding efficiency [5].

This approach is designed to address one of the crypto sector’s most persistent challenges—user retention. By removing barriers such as gas fees and wallet complexity, WeWake aims to reduce drop-off rates and expand the user base for decentralized applications (dApps). With Bitcoin’s rebound fueling renewed market optimism, the WeWake Presale Token is gaining traction among both retail and institutional investors [6].

Source: [1][2][3][4][5][6]

[1] The Kobeissi Letter (@KobeissiLetter) July 30, 2025

[2] https://www.livebitcoinnews.com/bitcoin-rebound-fuels-renewed-interest-as-wewake-presale-token-attracts-investors/