Bitcoin and the broader cryptocurrency market declined sharply after US President Donald Trump reignited geopolitical concerns with a pointed threat directed at Iran’s Supreme Leader, Ayatollah Ali Khamenei. Prices of major tokens such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) hovered near key technical levels on Wednesday following a broader sell-off the previous day. The market turned risk-averse amid growing fears that the United States may become directly involved in the escalating conflict between Israel and Iran. Geopolitical flashpoints like this often trigger a flight to safety. With markets entering a defensive posture, analysts warned of further downside risk for cryptocurrencies if tensions intensify. However, one early-stage project that has shown considerable resilience during such a volatile time is Bitcoin Pepe . The project’s presale saw inflows of over $300,000 after the team made a listing announcement on June 17. Analysts bank on Bitcoin’s resilience Bitcoin remains vulnerable to further declines and must hold above $102,000 to stay positioned for a potential rebound, according to analysts at Bitfinex. In a market report published Tuesday, analysts at Bitfinex said that Bitcoin, which was trading around $104,913, must maintain support in the $102,000–$103,000 zone to indicate effective absorption of selling pressure. “Some downside risk still lingers,” the analysts noted, citing continued macroeconomic uncertainty and escalating tensions between Israel and Iran. Despite the volatility, they said the current environment represents a “high-risk, high-reward opportunity” should buyer confidence return. Crypto trader Matthew Hyland echoed the sentiment in a post on X, noting “choppy price action but still in an uptrend for BTC.” Matthew Hyland @MatthewHyland_ · Follow Choppy price action but still in an uptrend for #BTC 3:08 am · 18 Jun 2025 180 Reply Copy link Read 2 replies Expectations that Bitcoin would retest its all-time high of $111,940 were upended last week after a series of Israeli airstrikes on Iran triggered risk-off moves across global markets. Still, the Bitfinex report added that even if Bitcoin trends lower, any decline is unlikely to mirror past sharp drawdowns. Bitcoin Pepe’s presale sees strong inflows Bitcoin’s resilience amid ongoing macroeconomic uncertainty is helping lift sentiment across the broader crypto market, rekindling speculative appetite among investors. Historically, such environments have often preceded wider market rallies—particularly in high-volatility segments like meme coins. In this risk-on backdrop, capital is once again rotating into early-stage bets, with meme tokens emerging as early beneficiaries. Among the standout names is Bitcoin Pepe, a project that blends internet meme culture with a Layer 2 infrastructure vision. Positioned as an effort to “build Solana on Bitcoin,” Bitcoin Pepe seeks to pair the base-layer security of the Bitcoin network with the scalability and speed associated with Solana. This sets it apart from meme tokens that rely purely on community hype. The team has also released some images to showcase the real work being done. Bitcoin Pepe has gained momentum during its ongoing presale, raising close to $15 million. As per the team behind the project, the BPEP token is set to list on MEXC and BitMart, a move that is expected to enhance its visibility, liquidity, and perceived legitimacy ahead of a broader market debut. A major listing announcement is expected on June 30, adding to investor anticipation. With risk appetite recovering across crypto markets, Bitcoin Pepe appears well positioned to capitalise on speculative inflows as it enters the final stretch of its presale. The post Best crypto presales to buy as analysts bank on BTC's resilience appeared first on Invezz
