"Bitcoin Pepe Surges Amid Crypto Market Fear, Bitcoin Drops Below $80K"

Bitcoin Pepe, a revolutionary meme crypto project, is gaining traction amid a risk-off sentiment in the broader crypto market. Despite Bitcoin's dominance as indicated by the CMC altcoin season index, trading activity suggests a shift in investor preferences. Bitcoin spot ETFs have recorded a 7-day streak of net outflows, reflecting a market sentiment shift to extreme fear.

As Bitcoin and other crypto majors face persistent selling pressure, savvy investors are increasingly turning to innovative projects like Bitcoin Pepe. The first meme ICO on the Bitcoin network, Bitcoin Pepe has the potential to dominate in 2025 due to its unique infrastructure and positioning. Its presale has already raised over $3.6 million in slightly over two weeks, with early adopters seeing significant gains.

Bitcoin price has extended its losses, dropping below $80,000 for the first time since mid-November 2024. Tariff jitters have triggered a shift in market sentiment to extreme fear, leading to a decline in institutional demand for Bitcoin. BTC spot ETFs have experienced outflows totaling $275.83 million on Thursday, with BlackRock's IBIT and WisdomTree's BTCW recording significant outflows.

The formation of a bearish death cross pattern on Bitcoin's daily chart points to further losses in the short term. However, the bulls are keen on defending the crucial support zone of $75,550. With an RSI of 20, Bitcoin is deep in the oversold territory, suggesting a corrective rebound may be on the horizon. The bulls' target is around $81,601.49, with tough resistance expected at around $85,000.

Bitcoin Pepe's model is designed to benefit early adopters and long-term holders. Its presale started on 11th February with a token price of $0.0210, and early adopters have already seen their initial investment increase by 15.7%. By the end of the 30 stages, they will have cumulative gains of $311.4%. This is an ideal time to buy and hold some BPEP tokens.

Ethereum price has erased the gains recorded in the past two weeks amid a risk-off mood, with extreme fear shaping trading activity in the broader crypto market. Institutional