Bitcoin Stalls Below $85K as 12,000 AlphaPepe Holders Bet on Next Crypto Giant

Bitcoin's recent rally has stalled below $85K after failing to hold higher ground. This comes as over 12,000 holders have joined AlphaPepe's presale at $0.03111 ahead of its first exchange chart.

The large quarterly options expiry on September 25 adds uncertainty to the market, causing BTC to trade near $84,200. Rising U.S. Treasury yields have raised the appeal of conventional dollar assets, making riskier investments less appealing.

Despite this, bulls still have reasons to watch as spot ETF demand and institutional access give Bitcoin a broader base than in earlier cycles. However, a market measured in trillions needs enormous new buying to produce significant returns for retail traders.