Best crypto to buy now as Trump-linked American Bitcoin raises $220M
2025-07-01 09:48:53
Main Idea
The article discusses recent developments in the cryptocurrency market, including a $220 million funding round for Trump-linked American Bitcoin and the performance of Bitcoin Pepe's presale.
Key Points
1. American Bitcoin, backed by Eric Trump and Donald Trump Jr., raised $220 million through a private placement, with $10 million worth of shares purchased using Bitcoin.
2. Bitcoin Pepe's presale has raised $16.2 million, with its BPEP token priced at $0.0437 and scheduled for listing on MEXC and BitMart exchanges.
3. Bitcoin's price hovered near $107,000, showing resilience despite market fluctuations, with prior monthly highs in May and January.
4. The article mentions other cryptocurrencies like Ripple’s XRP, Ethereum, and DOGE, highlighting market trends and predictions.
5. The piece also briefly touches on unrelated financial news, such as UK house prices and Australian livestock group's carbon goals.
Description
The cryptocurrency market traded mostly lower on Tuesday, with Bitcoin hovering near $107,000 mark as traders remained on edge ahead of the July 9 US tariff deadline. Market sentiment appeared mixed , with altcoins showing divergent trends amid lingering macroeconomic uncertainty. However, Bitcoin’s performance over the past few months has been resilient. Bitcoin registered a strong monthly close in June, with a candle settling just above $107,000—the highest on record. That follows prior monthl...
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