- Bitcoin rises 3.6% to $123,500 on speculation of a Federal Reserve rate cut.
- BPENGU presale enters final stages with tokens vanishing every 48 hours and price climbing 5%.
- Less than 15 days remain to join BPENGU presale before September 2 launch.
Bitcoin climbed to new highs on Wednesday as investors bet the Federal Reserve might ease its policy soon. Both big investors and regular traders seemed encouraged, pushing the price upward.
In the past 24 hours, Bitcoin went up about 3.6%, hovering around $123,500 after briefly hitting $124,128, according to CoinGecko.
The analysts say hopes of a rate cut, easing inflation worries, and continued institutional buying helped fuel the rally, though short-term swings are still a possibility.
The odds of a rate cut in September are now over 90%. If it happens, borrowing would get cheaper and people would likely spend more.
That usually gives a lift to stocks and cryptocurrencies, since investors start looking for higher returns in riskier assets.
When interest rates fall, it can give a lift to not just Bitcoin but also meme coins and altcoins as investors, feeling more willing to take risks, often pour money into these smaller, more volatile coins, which can create a wave of buying and push prices higher.
And one presale which is quickly gaining traction amid bullish momentum is Bitcoin Penguins (BPENGU), which is crashing onto the crypto scene with the perfect mix of Bitcoin’s unstoppable credibility and the viral charm of the penguin meta.
With less than 15 days left in a fixed 30-day presale, prices climbing every 48 hours, and a confirmed September 2 launch, the clock is ticking fast.
Standard Chartered raises Ethereum target to $25,000
Standard Chartered is now expecting Ethereum to hit $25,000 by 2028, a big jump from what they thought before. They also raised their 2025 year-end target from $4,000 to $7,500.
The main reason? Institutions are piling in. Corporate treasuries and Ethereum ETFs are buying ETH almost twice as fast as Bitcoin.
On top of that, new regulations like the US GENIUS Act and upcoming network upgrades could make Ethereum more liquid and drive more activity in DeFi.
The way companies are stockpiling ETH is a lot like how Bitcoin grew in its early days, which is giving people more confidence that Ethereum could keep rising.
Standard Chartered thinks that as more institutions get involved and the ecosystem expands, Ethereum’s price has a real shot at going higher, especially since it’s not just a settlement layer but also the base for Layer 2 solutions.
And while Ethereum continues to gain institutional traction, the crypto space is also seeing fresh excitement from new, community-driven projects.
Born as the spiritual successor to the penguin meme wave that sent Pudgy Penguins surging over 580%, BPENGU brings the same unstoppable community energy, but now with the trust, clout, and scarcity of a token built right on Bitcoin’s momentum.
It’s not just another meme coin: it’s the evolution, engineered for speed, with a roadmap and ethos that capture the attention of news outlets and influencers alike.
Less than 15 days left in BPENGU presale
BPENGU’s presale is a tightly timed, fixed‑supply event with only days remaining, seeing $3.3 million raised and a vibrant community flocking to claim their spot before the doors slam shut.
Prices jump every two days, tokens vanish early, and the hype around a confirmed September 2 launch means the window to get in is closing by the minute.
BPENGU’s presale is structured with 15 stages lasting two days each, and a 5% price increase kicking in every 48 hours.
This design creates a ticking clock effect where tokens rapidly vanish as prices climb, pushing buyers to act quickly or miss out.
The presale started at an attractive entry price of $0.0010, rewarding early buyers with the potential for over 75% gains even before the token officially lists on September 2.
This confirmed listing date provides a high level of certainty and urgency rarely seen in meme token launches, guaranteed to draw focused investor attention as the deadline nears.
The presale’s scarcity model is sharpening interest further, leaving fewer tokens available at each new price level.
This means time is money: early buyers not only benefit from tokens at the lowest prices but also lock in early gains as the sellout stages progress.
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