Bitcoin surged past $94,000 today, hitting a new all-time high and keeping the crypto market’s momentum alive.

But while all eyes are on BTC, some analysts are pointing to Pepe Unchained – a meme coin project that’s raised over $40 million in presale.

Could this rising star steal some of Bitcoin’s thunder?

Bitcoin’s Unstoppable Momentum Pushes It Past $94K

Bitcoin’s rally to $94,200 has solidified its dominance in this market cycle, with the momentum showing no signs of slowing down.

Spot trading volumes have climbed another 5% in the past day to $75.9 billion, while BTC’s market cap has reached an enormous $1.8 trillion.

That’s almost five times the size of Ethereum.

Open interest has also hit a record $30 billion, showing there’s growing confidence from traders that BTC will keep rising.

Interestingly, market watchers have noticed something unusual.

According to analyst Crypto Rover, Bitcoin balances on exchanges are actually dropping during this bull run – a first in the coin’s history.

He called it a “massive supply shock,” hinting that Bitcoin’s reduced availability could push its price even higher.

Ultimately, Bitcoin seems unstoppable right now.

And with the Crypto Fear & Greed Index continuing to tick higher, the fabled $100,000 mark appears within reach.

How BlackRock’s ETF Options & Michael Saylor’s Strategy Are Driving Bitcoin’s Rally

Bitcoin is getting a big push from the excitement around BlackRock’s spot BTC ETF options, which saw $1.9 billion in trades on their first day.

Bloomberg analyst Eric Balchunas called the number “unheard of.”

Many believe this surge in options trading has played a big role in Bitcoin’s latest spike.

With most traders betting on t