Globe News Wire
03 Jun 2026, 01:00 UTC · 2h ago
Crypto Market News: AlphaPepe Presale Gathers Pace While Bitcoin Price Prediction Targets $50,000 Support

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Globe News Wire
03 Jun 2026, 01:00 UTC · 2h ago

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Standard Chartered has warned that Bitcoin could drop to the $50,000 support level due to ETF outflows and macroeconomic pressure. — A prediction of a significant price drop from a major financial institution typically dampens risk appetite across the broader crypto market.
-0.60AlphaPepe has raised over $1.45 million and surpassed 9,200 holders during its presale leading up to a planned Q2 2026 exchange debut. — While positive for the specific project, presale milestones for small-cap meme tokens have negligible impact on the wider market.
+0.20The AlphaSwap AI-powered decentralized exchange demo has reached over 5,000 active users. — Product traction provides some fundamental validity to the token, reducing the perceived risk of a total failure upon launch.
+0.10Ticker attribution
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Standard Chartered issued a warning that Bitcoin could slide toward $50,000 due to weak momentum and macro pressure.
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