Bitcoin faces a slight sell-off as the week ends, with continued downward pressure likely over the weekend. The digital asset trades at $105,000, marking a 1.39% drop today and a 3.28% decline over the past week.
Still, this dip follows a strong month where Bitcoin hit a new all-time high and closed at some of its highest levels ever. Most market analysts view the current pullback as a healthy correction within a broader bullish trend.
While prices fluctuate, major developments continue to fuel long-term optimism.
Source – 99Bitcoins YouTube Channel
Surging Global Adoption Sparks Bullish Outlook for Bitcoin
Pakistan made headlines by officially committing to build a Strategic Bitcoin Reserve. The country also expanded its Bitcoin mining operations, taking a big step toward wider crypto adoption across emerging markets.
Dubai also attracted attention. Strike CEO Jack Mallers reported that the UAE is purchasing billions of dollars’ worth of Bitcoin and scaling up its mining efforts. This signals another bold move by a sovereign state to adopt Bitcoin on a national level.
Institutional confidence also continues to rise. BlackRock, one of the world’s largest asset managers, reportedly bought $3.2 billion worth of Bitcoin in the past week. This aggressive buying spree shows growing belief in Bitcoin’s role as a long-term store of value.
Tether, the company behind the world’s largest stablecoin USDT, also expanded its Bitcoin Reserves. The firm now holds over 100,000 BTC and more than 50 tons of gold, reflecting a clear pivot toward hard assets in its reserve strategy.
The sports world also joined the movement. Paris Saint-Germain (PSG), one of Europe’s leading football clubs, adopted Bitcoin as a treasury reserve asset.
Despite losing stars like Messi, Mbappé, and Neymar, the club’s financial strategy points to a strong commitment to digital assets and future-oriented planning.
On the political front, a leading UK prime ministerial candidate promised to cut capital gains tax on Bitcoin. This proposal could help drive further investment and innovation in the UK’s crypto industry.
Even with the short-term pullback, Bitcoin’s foundation continues to grow stronger. National adoption, institutional investment, and support from sports and politics all contribute to a global narrative that remains firmly bullish.
BTC Bull Presale Surges Past $6.6M as Investors Eye Free Bitcoin Rewards
If Bitcoin rebounds from its current dip, investors may want to consider stacking strategies—one standout option being the viral BTC Bull Token presale.
BTC Bull Token provides a smart way to accumulate Bitcoin while also aiming for capital gains through a potential $BTCBULL price rally after its exchange listing.
$BTCBULL holders receive free BTC each time Bitcoin hits major price milestones. For example, when Bitcoin reaches $150,000, the project will reward holders with BTC based on how much $BTCBULL they own.
Every additional $50,000 increase from that point—$200,000, $250,000, and beyond up to $1 million—triggers more BTC rewards.
The project also features a deflationary mechanism. Once Bitcoin crosses $125,000, BTC Bull Token will start buying back and burning part of the supply after every $25,000 rise in BTC price.
The presale has already attracted over $6.6 million in investment. However, the current price of $0.00254 won’t last, with the next price increase set to happen in just two days. Investors can visit the BTC Bull Token website to purchase $BTCBULL using ETH, USDT, or a bank card.
For the best experience, users can manage their tokens through Best Wallet, a multi-chain wallet integrated with BTC Bull’s milestone system. Holding $BTCBULL in Best Wallet ensures automatic airdrops and full tracking of upcoming rewards.
Presale participants can also stake their tokens at a 62% APY, helping them grow their $BTCBULL holdings and boost future BTC rewards. Visit BTC Bull Token.
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.