Bitcoin Price Bounces, Shibie Coin Presale Passes $200,000 Milestone – Risk On For Meme Tokens?

Bitcoin Price Bounces, Shibie Coin Presale Passes $200,000 Milestone – Risk On For Meme Tokens?

Major cryptocurrencies saw a sharp bounce as the global crypto market cap expanded by 1.3% over the past day.
The Bitcoin price has appreciated more than 1.5% over the last 24 hours and is trading above the $29,900 price level. With experts becoming increasingly bullish on a spot Bitcoin ETF approval, investors are gearing up for a strong surge in volatility that can kick-start a new BTC bull cycle.
Meme coins are also stealing the spotlight during the current bull rally, with both Shiba Inu and Pepe skyrocketing by over 8% and 13%, respectively.
Newly-launched presale meme tokens are also showing bullish momentum, with Shibie Coin emerging as one of the top gainers, having raised over $230,000 as it aims to become the next Shiba Inu.
Bitcoin Bounces Back As Market Recovers, Will This Be The Start Of A New Bull Run?
After a quick retest of the $28.6K price level, Bitcoin displayed a significant recovery that saw it change hands near the $29,900 mark. After frustrating investors over th

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