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Invezz 2025-06-09 09:00:22

Best crypto to buy now as BTC remains wobbly above $105K

The broader cryptocurrency market ticked slightly higher on Monday, but underlying weakness continues to weigh on sentiment. Bitcoin (BTC), Ethereum (ETH), and Ripple’s XRP are all struggling to sustain weekend gains, with price action showing signs of vulnerability following Thursday’s sharp pullback. Investor focus has now shifted to the US-China trade talks slated for Monday in London, which are emerging as a key volatility trigger. Markets remain wary after the May 12 Geneva discussions led to a temporary truce on tariffs, which sparked a quick rebound in US equities and a delayed lift in Bitcoin. This time, participants appear more cautious, likely due to fading confidence in sustained diplomatic progress. Bitcoin is currently consolidating above the $105,000 mark, attempting to stabilise after Thursday’s abrupt decline. As of writing, BTC is changing hands at $105,621 — still struggling to breach the $106,058 resistance, which marks the highest monthly close since December. Unless bulls convincingly reclaim this level, the risk of another downside correction remains elevated. With Bitcoin potentially facing renewed volatility, retail investors are pivoting toward potentially high-reward tokens such as Bitcoin Pepe , now nearing the end of its presale phase. Speculative capital is flowing into early-stage crypto projects, as traders seek to capitalise on momentum-driven plays that offer outsized return potential. Amid this rotation, Bitcoin Pepe has emerged as a favoured choice for market participants. The trade talks in London US President Donald Trump announced Friday that a senior American delegation will meet Chinese officials in London, marking a fresh attempt to salvage trade relations between the world’s two largest economies. Beijing later confirmed that Vice Premier He Lifeng will lead the Chinese side at the negotiations. The planned meeting follows a phone call between Trump and Chinese President Xi Jinping last week, which Trump characterised as a “very good talk.” The conversation was their first since the trade dispute escalated in February and reportedly focused on finding a path forward on economic cooperation. Washington will send Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer to the talks. Last month, the two nations agreed to a temporary truce that included a mutual reduction of import tariffs. However, tensions resurfaced as both sides accused each other of failing to uphold parts of the agreement. The upcoming talks are seen as critical in averting a full-scale trade breakdown. The meeting between US Trade Secretary Scott Bessent and Chinese Vice Premier He Lifeng comes at a sensitive moment, with many crypto traders opting to de-risk in advance. The rotation out of major tokens signals a broader expectation that even minor setbacks in the talks could provoke another wave of sell-offs. Why Bitcoin Pepe is seeing continued momentum in this volatility Despite near-term turbulence in Bitcoin’s price action, its recent climb to new highs has lifted sentiment across the crypto landscape, conditions that have historically paved the way for broader market upswings. Within this risk-on environment, investors are once again gravitating toward speculative assets, with meme coins emerging early as key beneficiaries. Bitcoin Pepe is one such project gaining momentum, drawing interest for its effort to fuse viral internet culture with a blockchain infrastructure narrative. Now regarded as one of the most closely watched presales of 2025, Bitcoin Pepe has carved out a distinct identity through its stated mission to “build Solana on Bitcoin,” seeking to marry Bitcoin’s security with the scalability associated with Solana. Differentiating itself from meme coins that lean solely on community buzz, Bitcoin Pepe is emphasising a development roadmap with tangible technical goals. The presale has already brought in over $14 million, ahead of a listing announcement on June 17. With capital flowing into early-stage ventures, Bitcoin Pepe appears well-positioned to harness ongoing momentum as it approaches the close of its presale. The post Best crypto to buy now as BTC remains wobbly above $105K appeared first on Invezz

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