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Policy Shifts Drive Crypto Rally as Bitcoin Hits $124K and MAGACOIN Finance Presale Tops $11.7M

Institutional ETF inflows underpinned by a new executive order on retirement-account crypto access have fueled broad market gains that extend to small-cap presales.

Overview

  • Bitcoin reached a fresh all-time high above $124,000 before stabilizing near $121,500, buoyed by President Trump’s pro-crypto reforms and growing institutional ETF demand.
  • Ethereum traded within 4% of its $4,891 record peak at $4,788, with forecasts from Standard Chartered and Fundstrat projecting further upside into 2025.
  • MAGACOIN Finance’s presale, priced at $0.005 per token, has reportedly secured about $11.7 million in allocations by combining meme-coin hype with DeFi features.
  • Analysts point to spot and staking ETF launches, lighter SEC stances and an executive order permitting crypto in 401(k) plans as key drivers of this year’s bull market.
  • Reported presale metrics for MAGACOIN Finance derive largely from project materials and unnamed sources, highlighting verification challenges and elevated speculative risk.