
The crypto market has seen a risk-off mood in recent months as most majors and meme coins alike have recorded double-digit losses.
Investors are now keenly interested in the tone of the Fed at the end of the two-day meeting on Wednesday. At the meeting, the interest rates are expected to remain unchanged at the current 4.25% – 4.50%. However, the impact of Trump’s tariffs on the U.S. economy may influence the central bank’s tone.
In the near term, there will be a need to watch out for the range between the support level of $80,565 and the 25-day EMA at $86,500. Depending on the Fed’s tone, further rebounding may propel the bulls to retest the crucial resistance zone of $90,000. On the flipside, further risk aversion might have Bitcoin price retest last week’s low at $78,039.
While most investors are turning their attention to the March Fed meeting, another interesting development is unfolding in the meme coin sector.
Most of the recently launched meme projects are more than just a token that starts as a joke and goes viral. They are focusing on a particular need with the overall goal of revolutionizing the cryptocurrency space.
One such project is Bitcoin Pepe which is on a mission to build “Solana on Bitcoin”, which will have investors enjoy the stability and security of the Bitcoin network and the Solana-like transaction speed. Plus, with the new PEP-20 standard, it will enable one to launch a memecoin on the most reliable network.
Indeed, introducing the meme culture to the Bitcoin network is what 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 favour 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.
Recently, there has been a risk-off mood in the crypto market as most majors and meme coins alike have recorded double-digit losses.
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.
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