Bitcoin Stagnates; Presales Raise Over $45M Amid Market Stress

Key Points:

  • Bitcoin futures have shifted into backwardation, indicating derivatives stress and extreme fear, often seen near market bottoms.
  • $BTC is struggling to regain momentum, stuck in the $90K–$91K range after a significant drop over two weeks.
  • Investors are considering infrastructure-focused presales as alternatives to traditional Bitcoin investments due to current market conditions.

Presale Highlights:

  • Bitcoin Hyper ($HYPER):
    • Aims to enhance Bitcoin’s usability with a Layer-2 solution integrating Solana-level speed while maintaining low transaction costs.
    • Raised over $28M with current staking yields of 41% APY.
  • Best Wallet Token ($BEST):
    • Focuses on providing security and ease for presale participation through non-custodial services.
    • Presale raised over $17.1M, offering 76% APY staking yields.
  • LiquidChain ($LIQUID):
    • Addresses cross-chain liquidity issues, serving as a global settlement layer for DeFi.
    • Currently at an early stage with $42K raised and offering high initial staking yields of 17K% APY.

The current market environment suggests volatility and stress, prompting some investors to consider diversifying into promising presales like Bitcoin Hyper, Best Wallet Token, and LiquidChain.