Bitcoin crashes to $60K as Pepeto token gears up for Binance debut

Bitcoin has seen sharp volatility, with its price dropping to $60,507 and triggering massive liquidations. Meanwhile, the new token Pepeto is preparing for a Binance listing after a successful fundraising round. Institutional interest in crypto continues to rise, according to recent surveys. Bitcoin’s price fell to $60,507, causing $530 million in liquidations within 24 hours. The crash left 10.83 million BTC underwater, marking the deepest loss level in its history. Despite this, long-term holders maintain control of 14.8 million BTC and show no signs of selling.

Analysts predict Bitcoin could reach a new all-time high by the end of 2026. A $1,000 investment at the current price could double to $2,000 if the forecast holds. Grayscale has also suggested that 2026 may mark the beginning of full institutional adoption.

Pepeto has raised $10,334,426 at a valuation of $0.0000001879 per token. Its staking programme offers a 169% annual yield, compounded with every block. The token is set to list on Binance, where a $10,000 early investment could potentially grow into a million-dollar holding at launch.

The EY-Parthenon 2026 survey reveals that 73% of institutional investors are now actively involved in crypto. The digital asset custody market is projected to expand from $1 trillion to over $7 trillion by 2035. The crypto market remains highly dynamic, with Bitcoin facing short-term pressure but retaining strong long-term confidence. Pepeto’s upcoming listing adds to the growing activity in the sector. Institutional participation and custody solutions continue to expand, shaping the industry’s future trajectory.