Coinbase reached an all-time high, closing at $369.21 and peaking at $381.35 during a single trading session. This surge follows CEO Brian Armstrong's announcement of weekly Bitcoin purchases.
The rally is also attributed to the Israel-Iran ceasefire and the passing of the crypto-friendly Genius Act in the U.S. Senate. Bakkt, a crypto custody company, updated its investment policy to allow Bitcoin purchases, signaling increased institutional interest.
The BTC Bull Token ($BTCBULL) project is capitalizing on this bullish trend by offering free Bitcoin airdrops to holders, with plans for distributions at $150K, $200K, and $250K Bitcoin price milestones. Investors can acquire $BTCBULL tokens at $0.00258 each through its presale page, with staking rewards of 54% per annum.
Bitcoin's value is poised to reach new all-time highs, making projects like $BTCBULL attractive to investors. However, potential investors should conduct thorough research, as the cryptocurrency market remains highly volatile.