It’s been a crazy week for Bitcoin, as the world’s top cryptocurrency has now fully retraced the entirety of its early 2025 pump.
Hit by the news that the US Department of Justice has been approved to sell the BTC seized from the Silk Road darknet marketplace (a story that could have been front-run by insiders), traders and analysts have been thrown into a frenzied state of confusion.
Market sentiment was boosted last night by 15 green hourly candles in a row – but now Bitcoin has once again pulled back, as the market struggles to digest the latest US nonfarm payroll data.
With a gain of 256,000 NFPs far exceeding the expected 160,000 (resulting in a US unemployment drop from 4.2% to 4.1%), we’re seeing just how strongly the tradfi markets can respond to economic events – and how equally powerful the subsequent impact on the crypto markets can be.
Many crypto investors have already taken their profits, and are quickly rotating their funds into top-performing crypto ICOs. In this article, we’ll get stuck into the very latest Bitcoin analysis – and then explore three alternative investments that could be far more profitable bets.
Bitcoin Confusion Continues Following NFP News
When fresh US economic data is released, the reaction of markets around the world tends to be unpredictable – even when analysts make confident predictions about the outcome beforehand. This is because emotion inevitably takes over during market volatility, leading to sudden moves that can quickly reverse over and over again.
If we look at the hourly price chart for the US Dollar Index ($DXY), we can see how the dollar-positive US employment data initially created a bullish spike, followed by a pair of “spinning top” candles with extended wicks:
This clearly showcases the current confusion, although the rocky state of the S&P 500 makes it even clearer:
Over on the Bitcoin chart, we can see how quickly BTC erased its 15 hours of overnight gains, which were giving the bulls reason to celebrate this morning:
This situation is developing rapidly, especially as Bitcoin’s trading volumes have started to spike once again since the NFP data release.
However, if we pull back from these lower time frames, and consider the daily Bitcoin chart, the bigger picture is not quite as bearish – at least not yet:
At the time of writing, Bitcoin has remained within the boundaries of a descending triangle chart pattern, which it began outlining on Monday. This at least gives the bulls a definitive price level to defend (around $91,000), with dip-buying opportunities as low as $82,000 should the key support level be broken.
If Bitcoin believers can push the BTC price skywards once more, and eventually break the descending triangle’s diagonal resistance line, the next phase of the bull market could officially be declared. This would put all-time highs in everyone’s sights once again, reversing the currently gloomy market sentiment and leaving blue skies beyond $108,000.
Another factor to consider is how much profit has already been taken across BTC and every other crypto – and where those funds will end up. Savvy investors are rushing to buy up the hottest new crypto ICO tokens, which are the most likely to pull in big gains when the bull market continues in 2025.
The tokens we’ll look at next will all bring their own innovations and benefits to users, investors, and community members around the world.
Wall Street Pepe Creates a Winning Trading Community
As we’ve just seen, working out exactly what’s going on in crypto can become extremely complicated, requiring extensive analysis and constant personal development. Wall Street Pepe ($WEPE) offers the ultimate shortcut for those looking to maximize their crypto profits in 2025, through the formation of its private community – the WEPE Army.
WEPE token holders will gain access to this tight-knit group of crypto masters, receiving all the investment insights, trading strategies, and alpha calls they need to navigate the choppy waters of the crypto markets.
The most prescient crypto fans have already been rushing to invest in Wall Street Pepe and join the WEPE Army – and the project’s ICO has now raised over $45 million. This is a massive achievement which is drawing comparisons to the original mainstream Pepe coin, which is now one of the world’s biggest meme coins despite having no utility at all.
WEPE tokens are now available for a limited time at a discounted price of $0.00036645, and can also be staked to generate passive income at a generous APY of 28% pa.
Visit Wall Street Pepe Presale
Solana Layer 2 Solaxy Prepares for a Spectacular 2025
As 2025 is shaping up to be a busier year than ever before, Layer 1 blockchains like Solana will inevitably struggle with even higher traffic levels and user demand. As the first Solana Layer 2 blockchain, Solaxy ($SOLX) is going to be a real game-changer, with potential applications across meme coins, GameFi, RWAs (real-world assets) and of course DeFi.
The above Web3 industry sectors are hotly tipped to achieve mass adoption over the coming years, and Solaxy will be right at the forefront of all of them. Its native SOLX cryptocurrency is also a multi-chain coin, and can be used across Ethereum, Solana, and the Solaxy network itself.
This means that Solaxy can combine Solana’s speed and low fees with Ethereum’s oceans of liquidity, then bring in its own superpowers and set a new standard of performance for Web3 projects of all kinds.
With almost $9.5 million raised in its presale alone, and a token price of $0.001596 enabling early investors to accumulate large bags, SOLX is expected to pump very quickly after it launches on major exchanges later this year. SOLX investors can also stake their tokens to generate rewards with a powerful 365% APY.
Best Wallet Token Presale Close to $7 Million Raised
When times get tough, the most stoic crypto investors turn to self-custody storage solutions as a convenient and reassuring way to manage their portfolios. In turn, wallet ecosystem coins like Best Wallet Token ($BEST) have become even more attractive to investors eyeing future profits and all of the extra utilities that these tokens can provide.
Best Wallet itself is a unique and innovative crypto wallet that not only provides self-custody storage with cutting-edge security, but also includes everything from crypto presale investments and staking to iGaming, token tips, and more. All of the above are integrated within one simple and easy-to-use smartphone app, which can be downloaded on both iOS and Android devices.
For Best Wallet power users (and those looking for premium extras), Best Wallet Token has been designed to meet all of their needs. Lower transaction costs, bigger staking rewards, exclusive presale access, token tips, ecosystem governance votes, airdrops, and more can all be gained simply by holding BEST tokens.
Even before the Best Wallet Token presale, Best Wallet was already a resounding success – and so far, the BEST ICO has brought in more than $6.8 million. 2025 is sure to be Best Wallet’s year, as it continues to speed toward its goal of capturing 40% of the crypto wallet market by 2026.
The price of BEST tokens will only remain at $$0.02355 for a very limited time, so make sure you dive in and learn more by clicking the link below:
