The question on crypto traders’ lips right now is ‘Why is crypto going up today?’ Bitcoin surged 3% overnight following news of a ceasefire between Israel and Iran. The combined market cap of the entire crypto market is up 1.8%, with investors stepping back amid hopes that there could be a sustained period of peace in the Middle East.

Although Iran has reportedly breached the ceasefire less than six hours after it took effect, no further details have been released, and the cryptocurrency market hasn’t responded negatively to the news.

BTC Bull (BTCBULL) Hits $7.3m In Presale Funding, A Perfect Play For Those Asking ‘Why Is Crypto Going Up Today?’

BTCBULL is one of the most intelligent memecoin projects in recent times. It is a memecoin/utility hybrid built for crypto bulls and Bitcoin maxis. After raising over $7.3m from ICO investment so far, it is shaping up to be one of the most significant token launches this year.

The BTC Bull team is adding multiple layers of genius utility to the project, starting with token burns. These token burns will begin once Bitcoin hits $125,000 and will continue at every $50k price increase.

Not stopping there, BTCBULL holders will begin receiving Bitcoin airdrops, starting at $150,000 per BTC. Airdrops will also be recurring at every $50k price increase for Bitcoin.

Offering investors an incentive to hold BTCBULL for the long term via airdrops adds a sense of trust and loyalty to the project, which in turn will likely build the type of cult-like community that is prevalent for all super successful memecoins.

Coupled with the token burns, which add scarcity by removing BTCBULL from the supply, driving the price up, and creating a supply shock as demand begins to outweigh supply, the BTC Bull team has curated the perfect meme coin project.

BTCBULL is the perfect hedge against the current volatile market conditions. It is a bet on Bitcoin’s long-term success, but because it is still in the presale phase, BTC Bull isn’t experiencing the wild price swings that most of the crypto market is currently experiencing.

Right now, presale investors can buy BTCBULL for $0.00258 using ETH, USDT, or a bank card. Presale buyers also have a passive income opportunity, with 55% APY on offer for those who choose to stake their BTCBULL.

Visit SNORT Here

DISCOVER: 20+ Next Crypto to Explode in 2025 

Solaxy (SOLX) Is Another Example Of Strength In An Otherwise Volatile Market – Up Nearly 70% In Just 6 Hours

SOLX recently underwent one of the largest crypto presales, with over $56 million secured since the beginning of 2025. Yesterday was the TGE (token generation event) for Solaxy, and it was predictably rough right out of the gate.

As with any large-scale presale, early investors were quick to dump their SOLX tokens at launch, causing a huge sell-off, and the token dropped over 65% as a result.

However, Solaxy’s long-term vision, coupled with a ceasefire between Israel and Iran, ensured that sellers quickly exhausted themselves. Just five hours after launching, SOLX had found its bottom, at around $0.00065, and the selling abruptly stopped.

From there, buyers quickly stepped in, sensing a blue-chip project available at massively discounted prices. A little over 12 hours later, SOLX is trading at around $0.11, a 50% increase from that bottom level.

Solaxy has processed nearly $6m in daily trading volume in less than 24 hours. This level of hype and volume for SOLX will not go unnoticed, and the Solaxy team is teasing an upcoming major CEX listing in the very near future. Many in the community speculate that a Binance listing could be imminent for SOLX, which would be huge for the project.

Unsurprisingly, a top-tier exchange wants some of the large on-chain volume that SOLX is experiencing, with the appetite for Solana’s first-ever Layer-2 protocol growing at an incredible rate.

Many traders are asking 'Why is crypto up today' as Bitcoin surges back above $105k and smart investors are pouring into these 2 presales

(COINGECKO)

Already, there are over 26,000 registered SOLX holders, with a combination of presale buyers and open market buyers accounting for this number. As for any project in its infancy, this level of healthy distribution is key for the long-term success of a token. Therefore, seeing early investors take profits on a large stack of SOLX and selling into strength is vital.

The SOLX team has released a full launch schedule for the next few weeks, with the token claim and Solana to Ethereum bridge going live yesterday. The next key dates for Solaxy are the staking unlock on June 30, when presale investors who chose to stake can reclaim their rewards.

A week later, on July 7, will be huge for the project. It is the date for the mainnet launch of Solaxy’s Layer-2 chain, the bridge expanding to Solaxy AND the Solaxy block explorer.

Then, on July 14, the Solaxy DEX, named ‘Neptoon’, will go live, followed by its token launchpad, Igniter, a week later on July 21. This rollout of tools for the Solaxy ecosystem is extremely bullish for investors as it will help maintain hype and bullish price action in both the short term and the long term.

Visit SOLX Here

DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now 

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Chasing dreams under the Cypriot sun, Alex is an up-and-coming writer focusing on the more degen side of the crypto market. Always on the lookout for the next hot narrative, meme coin pump, or meta trend. Alex has been actively... Read More

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