Rising by 8.27% over the previous seven days, Bitcoin (BTC) peaked above $118,856 on July eleventh, setting a brand new all-time excessive (ATH).
Because the main cryptocurrency seems able to develop even additional, a mission presently in its presale, Bitcoin Hyper (HYPER), goals to completely rework Bitcoin from primarily a retailer of worth into a flexible blockchain.
The mission’s bold purpose noticed its meme token presale rake in $2.3 million in early investments, as traders present rising curiosity in HYPER.
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Bitcoin Briefly Grew to become the World’s Fifth-Largest Asset – Can It Develop Additional?
Following Bitcoin’s push to just about $119,000, its market cap stood at $2.362 trillion, positioning it above Amazon and making it the fifth most precious asset at this time. Though its retracement under the $118,000 mark returned it to the sixth place on the record, the most important cryptocurrency by market cap stands a powerful likelihood of overtaking Amazon once more.
Based on Fundstrat’s head of analysis, Tom Lee, Bitcoin even has an opportunity at competing with gold, which is presently valued at $22.584 trillion. That’s as a result of he considers Bitcoin a greater hedge towards currencies, particularly as soon as it turns into extra extensively used. Tom Lee believes Bitcoin is poised to succeed in a per-token value of $250,000 by the top of 2025, forecasting a surge to above $3 million sooner or later.
Past an optimistic long-term outlook for Bitcoin, the main cryptocurrency is displaying explosive potential within the quick time period.
Analyzing Bitcoin’s key transferring averages exhibits that its 50-day Easy Transferring Common (SMA) of $106,816 is positioned above its 200-day SMA of $88,348, forming a Golden Cross. This crossover is usually seen as a affirmation of a token’s potential to attain sustained progress, which may take BTC far above its newly reached ATH.
Nonetheless, crypto knowledgeable Altcoin Gordon believes BTC’s additional progress should be preceded by a wholesome correction. He anticipates a surge to $120,000 and a dip again to $115,000 earlier than its subsequent leg up.
My line hasn’t moved.
However value has.
Are you connecting the dots? pic.twitter.com/JsbZIi7o2J
— Gordon (@AltcoinGordon) July 10, 2025
Bitcoin’s transfer into overbought territory, with its Relative Power Index (RSI) presently at 70.77, helps the knowledgeable’s prediction. If Altcoin Gordon’s predictions come true, Bitcoin may surge to $148,000 simply weeks after it breaks via the $120,000 degree resistance.
One of many major drivers behind Bitcoin’s rampant progress potential is rising institutional adoption that converges with a shrinking provide. Chart analysts from Coinvo identified that the speed at which Bitcoin’s provide is dropping has considerably elevated, with the availability on exchanges dipping under 15% for the primary time in seven years.
If demand continues to outpace provide, Bitcoin may ship gorgeous features this 12 months, and Bitcoin Hyper is getting ready to assist traders capitalize on that.
Bitcoin Hyper Seeks to Unlock Bitcoin’s Full Potential
Though Bitcoin achieves spectacular outcomes, its huge on-chain liquidity stays largely untapped, and the Bitcoin Hyper presale mission seeks to vary that.
By integrating Solana Digital Machine (SVM) know-how, Bitcoin Hyper is bringing scalable sensible contracts, together with DeFi, dApps, meme cash, and NFTs, to Bitcoin.
Bitcoin Hyper’s native token, HYPER, priced at $0.012225 through the present presale stage, will probably be on the forefront of its ecosystem. Though a meme coin, HYPER will grant its holders unique entry to varied DeFi protocols and dApps that emerge.
To make these improvements attainable, Bitcoin Hyper will introduce a Bitcoin Layer 2 answer that leverages rollups to course of bundled transactions externally. Which means Bitcoin Hyper’s launch may lead to a lot sooner transaction speeds with considerably decrease charges, making BTC a viable alternative for microtransactions and funds.
Customers wanting to make use of their BTC in Bitcoin Hyper’s rising ecosystem will be capable of swap their BTC for wrapped BTC by way of the mission’s Canonical Bridge.
Praising the mission’s modern method to the market, presale analysts from 99Bitcoins are assured that large features are forward for HYPER’s early backers. Highlighting that the presale raised over $2.3 million in simply two months, the specialists imagine Bitcoin Hyper’s debut will probably be explosive, anticipating 10x features on launch.
Go to Bitcoin Hyper Presale
This publication is sponsored. CryptoDnes doesn’t endorse and isn’t chargeable for the content material, accuracy, high quality, promoting, merchandise or different supplies on this web page. Readers ought to do their very own analysis earlier than taking any motion associated to cryptocurrencies. CryptoDnes shall not be liable, instantly or not directly, for any harm or loss precipitated or alleged to be attributable to or in reference to use of or reliance on any content material, items or providers talked about.
