Digital asset investment products have now endured five consecutive weeks of outflows, with funds tracked by CoinShares losing $1.7 billion last week.
Digital asset investment products are facing their worst stretch of outflows on record, totalling $6.4 billion since February 7, according to CoinShares.
Bitcoin funds were hit particularly hard amid heightened trade tensions and inflation concerns driven by President Donald Trump’s tariffs.
Investors pulled $978 million from Bitcoin funds last week, pushing the asset’s price down to a four-month low of $77,000.
Bitcoin currently trades at around $83,000, down around 23% from the record high it achieved in January.
On the other hand, Bitcoin Pepe‘s presale has maintained strong momentum, selling out its initial six stages within a month.
Since launching its presale in mid-February, the project has raised over $5.5 million.
Bitcoin (BTC) struggles
Bitcoin has been trading in a tight range between $84,000 and $82,000 in recent days, with bulls struggling to break higher.
Market sentiment remains cautious, and expectations for a quick return above $90,000 are fading.
Economist Peter Schiff warned that Bitcoin could face significant downside if broader stock market corrections continue.
He pointed to the Nasdaq’s 12% decline and suggested that if the index drops 20%, Bitcoin could fall to around $65,000.
Citing historical crashes, including the Dot-com bust (-80%), the 2008 financial crisis (-55%), and the 2020 COVID crash (-30%), Schiff argued that a 40% Nasdaq decline could push Bitcoin toward or even below $20,000.
Bitcoin Pepe shows strong momentum
While meme coins like Dogecoin, Shiba Inu, and Pepe have faced significant declines in recent months, Bitcoin Pepe has managed to sustain its upward momentum.
Since its presale launch in mid-February, it has steadily gained traction, delivering strong returns for early investors.
By the end of its 30-stage presale, cumulative gains could exceed 300%, according to projections.
With a potential exchange listing anticipated in the second quarter of 2025, Bitcoin Pepe could see further price appreciation.
Bitcoin Pepe is making history as the world’s first Bitcoin meme ICO, integrating meme culture into the Bitcoin ecosystem.
As the first meme-focused Layer 2 solution on Bitcoin, the project aims to merge Bitcoin’s security with Solana-like scalability, positioning itself as a potential game-changer in the crypto space.
Bitcoin Pepe price outlook
The Bitcoin Pepe presale has rapidly gained traction, progressing through its first six stages with strong investor interest.
Now in stage 7, the project has already raised over $5.5 million from early adopters.
Following a 30-stage model, the presale increases the BPEP token price by approximately 5% at each stage.
BPEP started at $0.021 and has now reached $$0.0281 in stage 7, with a scheduled increase to $0.0295 in the next stage.
By the end of the presale, the token is expected to hit $0.0864, positioning early investors for significant potential gains.
For more details, visit the official Bitcoin Pepe page.
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