Bitcoin Drops Below $90K, Shaking Market Confidence as Institutions Accumulate BTC

Bitcoin's price has dropped below $90,000, shaking market confidence. But as institutions accumulate BTC, investors are turning to BTC Bull Token to earn free Bitcoin passively.

Bitcoin price has dropped below $90,000, shaking market confidence as the cryptocurrency continues to consolidate.

Institutions are still buying BTC, albeit slowly, while ETF inflows have collapsed from 45,000 BTC per day to just 1,000 BTC per day. In a sign of weakening momentum, Bitcoin ETFs saw outflows every day last week, with a net withdrawal of over $360 million on Thursday alone.

Adding to the bearish pressure, Bybit exchange was hit by a $1.4 billion hack, sparking uncertainty in the market. Together with the Federal Reserve’s hawkish tone and worsening US-China trade relations, Bitcoin price has fallen to levels last seen in November.

At the time of writing, Bitcoin is trading at $89,200, down 7% over the past 5 days. The broader cryptocurrency market is also struggling, with Ethereum losing 16.9% this month, Solana falling by 33.1%, and the meme coin index plunging 37.4%.

However, despite the recent turbulence, some investors are turning to BTC Bull Token to earn free Bitcoin passively.

BTC Bull Token Presale Surges Past $2.86 Million Despite Market Crash

While Bitcoin's price decline has rattled the market, the BTC Bull Token (BTCBULL) presale continues to thrive. The project has raised $2.86 million in just two weeks, with daily contributions exceeding $180,000.

BTC Bull Token is built around a unique premise—holders receive Bitcoin airdrops when BTC reaches predetermined price milestones. As investors know, Bitcoin is expected to reclaim $100K and beyond, setting the stage for these BTC rewards.

With less than 3 days remaining before the next presale price increase, investors are securing their positions at $0.00238 per token. Afterwards, the price will rise to $0.0028.

The minimum contribution for ETH is 0.01, which translates to roughly $18. The project also accepts Tether and bank card payments.

BTC Bull Token: Best Multi-Chain Crypto Wallet Partnership Ensures Secure Airdrops

To facilitate seamless Bitcoin airdrops, BTC Bull Token has partnered with Best Wallet, a leading multi-chain crypto wallet.

Best Wallet enables users to:

Buy and store $BTCBULL tokens

Automatically receive Bitcoin airdrops when price milestones are hit

Track staking rewards and portfolio performance

Unlike other wallets, Best Wallet offers cross-chain compatibility and does not require KYC verification, making it one of the most private and accessible wallets for crypto investors.

Best Wallet has also played a key role in other major presale successes, such as Pepe Unchained, which raised $73 million before delivering a 6x post-launch gain. With BTC Bull Token now featured in its "Upcoming Tokens" section, the project is gaining significant traction among early-stage investors.

BTC Bull Token Presents a Unique Way to Benefit From Bitcoin’s Growth

Bitcoin's recent dip below $90K has sparked fear among retail investors, as evidenced by the Crypto Fear & Greed Index approaching "Extreme Fear."

Moreover, one of the largest crypto exchanges, OKX, was fined over $500 million for operating in the U.S. without a license, further contributing to the bearish sentiment.

However, on the institutional front, there is still interest in Bitcoin. Despite the ETF outflows, Cathie Wood's ARK Invest continues to buy, and institutions like Strategy (formerly MicroStrategy) are steadily accumulating.

In fact, Strategy just announced the purchase of an additional 20,000 BTC, bringing its total holdings to nearly 500,000 BTC.

"We believe that persistent inflation, geopolitical instability, and a growing demand for decentralized finance will continue to drive Bitcoin's price upwards in the coming years," said Michael Saylor, chairman of Strategy.

Saylor remains bullish, signaling confidence that Bitcoin's current dip is just another opportunity to buy before the next leg up.

As for BTC Bull Token, it stands out with its unique features. While other meme coins often lack utility, BTC Bull Token is designed to reward holders with real BTC as the price of Bitcoin climbs.

Every time Bitcoin reaches a major price milestone, BTC Bull Token holders will receive Bitcoin airdrops. The first event is set for $150,000 BTC, followed by additional airdrops at $200,000, $250,000, and beyond.

In addition to airdrops, BTC Bull Token employs a token-burning mechanism. At each $50,000 BTC price milestone—commencing at $125,000—BTCBULL tokens will be permanently removed from circulation.

This deflationary characteristic could create scarcity and drive demand for