Bitcoin Rangebound at $87,000 as MemeToro Presale Tops $154,000

Bitcoin is trading within a narrow range of $83,500 to $87,000 as fresh capital flows into the cryptocurrency market. The total market cap has risen to approximately $2.94 trillion, and Bitcoin's dominance remains near 59%. According to the Fear & Greed Index, investor confidence has strengthened significantly during this rally.

The technical indicators suggest that the upward momentum is intact. Bitcoin is positioned above its 20-day, 50-day, and 200-day moving averages simultaneously. The next major resistance lies at $88,997, with a break above it potentially leading to $90,000.

MemeToro, an early-stage project on BNB Chain, has raised over $154,000 in its Stage 8 presale. The project aims to create an AI-powered memecoin launchpad, which will allow token creators to build and launch their own tokens using the platform's tools.