Bitcoin (BTC) held firm above $105,000 during early Asian trading on Friday, as the broader crypto market entered a phase of consolidation amid rising geopolitical uncertainty. Traders are closely watching developments in the Middle East, with expectations that President Donald Trump may decide within the next two weeks whether the US will intervene in the ongoing Israel-Iran conflict. Such a decision could have a material impact on market sentiment, particularly in risk-sensitive assets like cryptocurrencies. From a technical standpoint, Bitcoin remains in a corrective phase. A daily close below the 50-day exponential moving average (EMA), currently around $103,100, could open the door to further downside. A retest of the key psychological level at $100,000 may come into focus if selling pressure accelerates. Despite the recent pullback, overall sentiment remains somewhat positive. Institutional interest continues to support the rally, with more firms looking to expand their involvement in digital assets. As market volatility eases and institutional participation grows, major cryptocurrencies are losing some appeal among investors pursuing high-risk, high-reward opportunities. This has led to a resurgence of interest in early-stage tokens like Bitcoin Pepe , which are drawing in risk-tolerant capital amid improving sentiment across the crypto sector. With traders increasingly turning to speculative areas of the market, high-volatility assets such as Bitcoin Pepe are emerging as key beneficiaries of the current trend. Semler Scientific to ramp up BTC holdings Nasdaq-listed healthcare company Semler Scientific (SMLR) has appointed Joe Burnett as its new Director of Bitcoin Strategy, signaling a deepening commitment to its Bitcoin-focused treasury strategy. In a press release issued on Thursday, the company stated that Burnett’s appointment is intended to help advance its long-term vision of utilising Bitcoin as a core corporate asset to deliver shareholder value. As part of this strategic shift, Semler also revealed a bold three-year plan to accumulate up to 105,000 BTC by the end of 2027. The company plans to fund the acquisitions through a mix of equity and debt financing, as well as operational cash flows. The healthcare company plans to own a massive 105,000 BTC by 2027. Semler currently holds 4,449 BTC, valued at approximately $464 million at current market prices. Semler began implementing its Bitcoin strategy with its first purchase of 581 BTC for $40 million on May 28, 2024. By August 2024, the company had increased its holdings to 929 BTC, with a total cost basis of $63 million. Bitcoin Pepe’s presale stays strong As Bitcoin consolidates above key support levels amid short-term volatility, institutional adoption continues to lend strength to broader market sentiment. This stable backdrop is prompting a shift in investor focus toward more speculative areas of the crypto landscape, most notably meme coins, which are seeing a resurgence in inflows. Among the projects gaining traction is Bitcoin Pepe, which differentiates itself from typical meme tokens by pairing internet-driven virality with a Layer 2 infrastructure narrative. Described as an attempt to “build Solana on Bitcoin,” the project seeks to combine the security of the Bitcoin base layer with the transaction speed and scalability commonly associated with Solana. This technical orientation sets Bitcoin Pepe apart from meme coins that rely purely on community engagement. The development team has also released images showcasing ongoing infrastructure progress to enhance transparency and reinforce credibility. The project has raised over $15 million during its ongoing presale. According to the team, the BPEP token is scheduled to be listed on MEXC and BitMart—a move expected to improve market visibility, provide liquidity, and bolster legitimacy ahead of a broader launch. Another listing announcement is expected on June 30, adding to investor anticipation as the token sale enters its final stages. The post Best crypto presales to buy as Semler Scientific plans aggressive BTC accumulation appeared first on Invezz
