Bitcoin price broke above $68,000 on Monday, rising by more than 2% to hit market prices last seen in April. The breakout injected some momentum in the altcoin market, pulling tokens such as Pyth Network, Fantom and Sui higher.
The upbeat mood also permeated the presale market, where new crypto project Bitbot continued to create waves as its token sale entered the penultimate stage.
Bitcoin surges past $68k
Bitcoin traded above $68,000 on Monday to mark the first time the flagship cryptocurrency’s price has changed hands above this level since April 12.
While the gains over the past month are only 5.6%, Bitcoin shows superior performance with a 55% spike year-to-date. At $68,620, BTC is also more than 153% up on its value a year ago, according to data from CoinGecko.
Bitcoin’s surge to current prices could see it break to a new all-time high.
This could also buoy Theta Network, Injective, Fantom and Sui. The tokens led altcoin gainers as Bitcoin broke above $68k on May 20. Ethereum and Solana also saw decent gains to reach multi-week highs above $3,100 and $180 respectively.
Bitbot: New Telegram bot set to enter the market
Bitbot is an AI-powered crypto trading platform that seeks to introduce the world’s first non-custodial trading bot on Telegram. In this case, the project targets revolutionizing the trading space.
That means offering users the first app where they can tap into all advanced AI features and institutional-grade tools while retaining complete control of their wallets and private keys.
So, as a trader, one can leverage tools such as automated trading, sniping and copy trading as well as other cutting-edge AI features but still stay on top of their assets’ security. This outlook has set Bitbot apart from some of the Telegram bots that compromise on user security by providing for custodial trading.
Bitbot will offer access to its bot to users in coming weeks. The product development has been ongoing amid the exciting $BITBOT token presale.
Other than offering access to the platform, the token will provide an opportunity for holders to participate in Bitbot governance as well as earn a share of the platform’s daily revenue.
Bitbot soars in presale
Today’s announcement by Binance that the exchange would prioritize key small and medium projects over those with staggering fully diluted valuation (FDV) has a lot of projects upbeat.
It’s a scenario that could help presale projects as Bitcoin bulls roar, with one of the emerging crypto projects likely to attract most attention being Bitbot.
Also, Bitbot’s presale acceleration in stage 14 means it could sell out quicker than anticipated. As of writing, early investors have raised more than $3.5 million.
BITBOT’s price is $0.0189, with one more increase in the final stage set to push it to $0.02.
Given notable anticipation across the Telegram trading community and potential listing on a major exchange, that final presale price may yet be a great entry mark for buyers.
To find out more or to buy BITBOT, visit the presale page here.
