Ethereum Valuation escalates by 8% with Ethereum Staking reaching an all-time high, while a Bitcoin-rewarding ICO exceeds $7 million market cap.
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The Ethereum price spiked 8% in the last 24 hours, trading at $2,681 as of 4.40 a.m. EST, on an impressive 115% surge in trading volume to $27.17 billion.
ETH's price rally comes alongside a new all-time high (ATH) in Ethereum staking, which now stands at 34.8 million ETH, surpassing the previous ATH recorded in November 2024. This demonstrates a commitment from long-term holders, considering the circulating supply is at 120.8 million, meaning 28.7% of the total supply is staked, boosting the network's security.
Ethereum Price Forecast
With staking hitting a new ATH, Ethereum's price followed suit, growing from $2,492 yesterday to $2,719 a few hours ago, an approximately $200 per coin increase. However, the token dipped below the $2.7k resistance and has since been trading sideways, with only small fluctuations between $2,660 and $2,680.
The coin's Bollinger bands, which widened significantly during the price surge, have narrowed again, indicating a drop in activity. This suggests the price has settled for now.
The coin's Relative Strength Index (RSI) value also reflects this. After moving from the oversold zone yesterday morning to the overbought area with a value of 80 and even exceeding it several times, the RSI has dropped to the neutral value of 50 over the last four hours, remaining stable since.
Though the surge coincided with staking hitting an ATH, it's essential to note that a substantial Bitcoin price surge likely contributed to the increase as well, pushing the coin up to $110k.
BTC Bull Token ($BTCBULL) - A Promising Alternative
Now that the ETH price has stabilized, investors are turning to the BTC Bull Token. This project promises to distribute Bitcoin to token holders and has just surpassed $7 million in funding during its presale, which has less than 20 days left.
The project brands itself as Bitcoin's official meme coin, and it predicts the BTC price will skyrocket to $1 million and beyond.
Last chance to buy BTCBULL before launch! 🐂🧨
The deadline ends on June 30th. ⌛
Here's what you can expect:🔥 BTCBULL token burns🪂 BTC airdrops at price milestones🎁 BTCBULL airdrop when Bitcoin hits $250K
Join the herd: https://t.co/FQZXEzFwWupic.twitter.com/aeUmLJcSOC
- BTCBULL_TOKEN (@BTCBULL_TOKEN) June 2, 2025
Bitcoin airdrops will start once the BTC price hits $150k for the first time, and then continue for every subsequent $50k increase in its price. As such, it presents an efficient and affordable way to obtain Bitcoin.
Additionally, BTCBULL token burns will begin at $125k and continue for every subsequent $50k increase, reducing the supply of tokens and potentially pushing up its price.
According to influential YouTube channel 99Bitcoins with over 723k subscribers, BTCBULL has 10x growth potential after launch.
BTCBULL tokens are currently priced at 0.002555. If you'd like to receive free Bitcoin, you have less than 20 days left to buy BTCBULL at presale prices.
Check out the BTCBULL website.
Instead of sticking to traditional cryptocurrencies, explore new possibilities with the innovative BTC Bull Token!
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Investors exploring alternative options in the crypto market might find interest in the BTC Bull Token, a project promising Bitcoin distributions to token holders. With the presale surpassing $7 million and less than 20 days remaining, it could present an affordable and efficient way to obtain Bitcoin, especially with expected token burns when the BTC price hits certain milestones.
Considering the (ETH) price stabilization, some are turning to innovative cryptocurrency projects like the BTC Bull Token, which foresees substantial growth potential after launch, as asserted by influential YouTube channel 99Bitcoins with over 723k subscribers. To stay updated on these and other new cryptocurrency releases, be sure to join our Telegram channel for the latest breaking news coverage!
