Bitcoin Price Drops Amid Rate-Hike Bets, Apeing Enters Next Big Crypto Spotlight

The Bitcoin price has dropped 2% due to renewed selling pressure as stronger U.S. economic data boosts expectations for another Federal Reserve rate increase.

The latest macro developments have become a central theme in crypto news, with Bitcoin retreating below $84,000 during the session before finding buying interest around the 83,800 area.

Apeing, a new Ethereum-based project, is entering the conversation as the next big crypto. The memecoin presale is divided into 33 structured stages, with each stage running for one week or until sold out.

The project's planned listing price is $0.01 compared to the current Stage 5 price of $0.00055, potentially offering a 1,718% ROI.