Bitcoin just made history – surging to almost $100,000 in a rally that has caught the attention of traders worldwide.

Meanwhile, the meme coin sector’s latest sensation, Pepe Unchained, has entered the final three weeks of its presale with over $40 million raised.

With giants and new faces racking up gains, the crypto market is buzzing right now.

Bitcoin Edges Towards $100K as Short Sellers Hold Their Breath

The OG cryptocurrency is inching closer to its biggest milestone yet.

After hitting $99,500 earlier today, BTC has pulled back slightly to $98,000 – just below the historic $100,000 mark.

Trading volumes have exploded, with the spot market recording $88 billion in activity during the past 24 hours.

This activity has pushed Bitcoin’s market cap to over $1.9 trillion, cementing its position as a financial heavyweight.

But there could be even more drama ahead.

Crypto analyst Vivek warns that if Bitcoin cracks $100,000, it may trigger a $2 billion short squeeze, potentially sending its price even higher.

However, not everyone is betting on continued upside.

With the Crypto Fear & Greed Index in “Extreme Greed” territory, some traders are bracing for a selloff once the $100,000 psychological barrier falls.

A similar thing happened when BTC broke $60,000 for the first time.

Regardless of what happens, the next few days promise to be highly volatile for Bitcoin.

Behind Bitcoin’s Rally – Retail Traders Still Dominate as ETFs Break Records

While Bitcoin’s price action is grabbing all the headlines, what’s happening behind the scenes tells an even more exciting story.

Retail investors still dominate Bitcoin ownership despite all the buzz about Wall Street jumping into crypto.

They hold 88% of all BTC in circulation