Bitcoin has been on quite a journey in the past few months. We watched it smash back above $100,000 in May, powered by institutional money flowing in and regulators finally giving clearer guidance.
Then came last month’s fireworks – Bitcoin shot up to a new all-time high above $124,000 before bears took over. Macro headwinds and some serious profit-taking knocked BTC back down to $107,500 by the end of the month.
But the OG crypto doesn’t stay down for long. Spot ETF money has kept flowing, ramping up significantly last week. And now Bitcoin is sitting above $116,000 with momentum that feels genuinely renewed.
Against this backdrop, Bitcoin Hyper (HYPER) is drawing attention as a new Layer-2 scaling solution that promises faster transactions and DeFi compatibility for Bitcoin. And with its presale price sitting at just over $0.01, could this be the best crypto to buy right now?
Bitcoin Holding Strong at $116K – But Key Resistance Approaching
Right now, Bitcoin is trading at $116,280 – up slightly today and more than 4% over the past week. Spot volume is also heating up, with trading activity jumping 35% since yesterday. Futures open interest is climbing too, which usually means traders are betting on bigger moves ahead.
Bitcoin’s technicals tell a clear story. The coin found solid support around $108,000 in late August, and since then, we’ve seen consistent higher highs and higher lows on the 4-hour timeframe. That trend suggests the bulls are firmly in control.
However, the next test is at $116,800 – a resistance level that has turned back price attempts multiple times in the past month. Breaking through that level won’t be easy, but BTC’s recent strength suggests the coin might have enough juice to push past it.
ETF Money Keeps Pouring In Ahead of Fed Rate Decision
The real reason for Bitcoin’s latest rally? Spot ETF inflows have been absolutely massive. Over the five trading days last week, net inflows into U.S. Bitcoin ETFs topped $2.3 billion. Wednesday’s session even saw $741 million flood in.
BlackRock’s IBIT and Fidelity’s FBTC pulled in hundreds of millions on their own – that’s serious institutional backing. And only one day (Tuesday) saw any meaningful outflows for a few funds.
This matters because these inflows are outpacing Bitcoin’s daily mining supply by nearly 9x. When institutions absorb that much BTC, they’re reducing the coins available for trading and effectively creating a scarcity dynamic.
And several factors could boost this momentum even further. The Fed is widely expected to cut interest rates on Wednesday, which typically weakens the dollar and pushes more capital toward risk assets (like Bitcoin). That would embolden traders who are already leaning bullish.
Is Bitcoin Hyper the Better Play? HYPER Token Presale Raises $16M
While Bitcoin’s rally has been eye-catching, some analysts think the best buying opportunity might be with Bitcoin Hyper. This presale project is building a Layer-2 network that could finally give Bitcoin the speed and functionality it’s been missing.
Using rollups to batch transactions and settle them back to Bitcoin’s mainnet, Bitcoin Hyper aims to handle thousands of transactions per second without sacrificing Bitcoin’s security. Such a setup hasn’t really existed for Bitcoin until now.
Beyond just better throughput, the team is also planning to bring smart contracts and DeFi apps to Bitcoin through Solana Virtual Machine (SVM) integration. That could transform Bitcoin from purely a store of value into a utility layer powering lending, trading protocols, and more.
Bitcoin Hyper’s presale price will be appealing if you’re interested in Layer-2 scaling. The native HYPER token is still priced at just $0.012915, with over $16 million raised from early investors and crypto whales.
There’s also the option to stake HYPER during the presale for an APY of 71%. YouTuber Cilinix Crypto is excited about this setup, believing it incentivizes early investors to lock up some of the supply, which tends to be good for price.
So, is Bitcoin Hyper the best crypto to buy this week? Given the fact that Bitcoin itself is rising and ETF inflows are accelerating, the HYPER presale looks perfectly positioned to benefit from that momentum.
Visit Bitcoin Hyper Presale
Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
