Trump’s trade policy has yielded a risk-off mood in the crypto market with the fear & greed index remaining on the fear end of the spectrum. As such, most majors and meme coins alike have recorded double-digit losses in recent months. Investors are now keen on the Fed’s tone at the end of the two-day meeting on Wednesday.
Even so, there is a revolutionary project whose appeal remains undeterred by the current economic uncertainties. Bitcoin Pepe has maintained its upward momentum as savvy investors rush to be part of this project which assures hefty gains during and after its presale.
Trump’s tariffs push Dogecoin buyers to the sidelines
The risk aversion observed in the crypto market has impacted majors and meme coins alike. As President Trump threatens of even more aggressive tariffs, crypto buyers have stayed on the sidelines waiting for further guidance from the March Fed meeting.
In the near term, Dogecoin price will likely remain within the range of between the four-month low of $0.1439 and ythe resistance zone at $0.1804. Even with further rebounding, its gains may be curbed along the 25-day EMA at $0.1954.
Bitcoin Pepe maintains upward momentum despite risk aversion in the crypto market
Amid the ongoing crypto revolution, most of the recently launched meme projects are more than just a token that starts as a joke and goes viral. They focus on a particular need with the overall goal of revolutionizing the cryptocurrency space.
Bitcoin Pepe is one such project. Its mission is to build “Solana on Bitcoin”, which will have investors enjoy the stability and security of the Bitcoin network and the Solana-like transaction speed. Besides, with the new PEP-20 standard, it will enable one to directly launch a memecoin on the most reliable network.
Indeed, introducing the meme culture to the Bitcoin network is seen to be the missing puzzle. It is what has fueled Bitcoin Pepe’s virality as more savvy investors are rushing to be part of this revolutionary wagon. Subsequently, the project has raised over $5.5 million in the past five weeks of its presale.
Besides, its pricing model is meant to favor long-term holders and early adopters. With every stage sold, BPEP token price increases by about 5%. What started at $0.0210 has already surged by 27.6% and is set to yield cumulative gains of 311.4% by the end of the 30 stages. As such, this is the opportune time to be part of a project that will have its holders earn heftily during the presale and beyond. Hurry up and buy Bitcoin Pepe here.
Bitcoin price remains range-bound as the March Fed meeting commences
Bitcoin price has been range-bound for over a week now as Trump’s aggressive trade policy maintains a risk-off mood. Investors are now eyeing further guidance from the Fed’s March meeting which commenced on Tuesday.
In the FOMC statement scheduled for Wednesday, the interest rates are expected to remain unchanged at the current 4.25% – 4.50%. However, the focus will be on the central bank’s tone on the impact of Trump’s tariffs on the country’s economy.
In the near term, the range between the support level of $80,565 and the 25-day EMA at $86,500 will be worth watching. Depending on the Fed’s tone, further rebounding will give the bulls an opportunity to retest the crucial resistance zone of 90,000. On the flipside, further risk aversion may have Bitcoin price retest last week’s low at $78,039.