Bitcoin Plunges Below $90K, Panic Selling Erupts

Bitcoin's recent sell-off, the largest of 2025, has left traders nursing losses as the cryptocurrency broke below the critical $90K support level, plummeting to a low of $82K before rebounding slightly to $86K. The broader market sentiment remains bearish, with investors offloading approximately 79.3K BTC during the downturn. Many of these positions were exited at a loss, indicating a wave of panic selling rather than calculated profit-taking.

This sell-off has raised questions about whether Bitcoin has found a short-term bottom or if further declines are ahead. Technical analysis suggests that Bitcoin is currently finding support on the 200 Exponential Moving Average (EMA), a key technical level that often acts as a strong support zone during market corrections. If Bitcoin holds above this level, it could signal a potential trend reversal or at least a temporary stabilization, preventing further downside. However, if it breaks below this level, it may trigger another wave of selling pressure, reinforcing the current bearish sentiment.

While the market remains uncertain, investors can explore presale opportunities that are less affected by current volatility. Meme Index ($MEMEX) is one such option, designed to revolutionize crypto investing by providing a more diversified and lower-risk way to gain exposure to meme coins. Its team of experts has curated four distinct baskets of meme coins, offering investors a structured and balanced approach to this high-volatility sector. Each basket carries a different amount of risk, volatility, and profit potential, allowing investors to pick one that suits their investing approach and risk appetite.

Meme Index ($MEMEX) also offers massive staking rewards, with an APY of 588%, one of the highest in the industry. Early adopters can earn a sizable passive income by staking their purchased tokens. The project is currently in presale, where it has already raised over $3.8M, with tokens available for $0.0166218 each.

Another presale opportunity is MIND of Pepe ($MIND), a new meme coin project combining artificial intelligence and crypto. An autonomous and self-evolving AI agent, $MIND will interact with crypto enthusiasts online and grasp their unique biases and opinions on various cryptocurrencies. It will then analyze thousands of pieces of data to identify the next crypt