Bitcoin just broke the $125K ATH this Sunday, trading at $125,376.68 on CoinMarketCap for a short period before contracting slightly.
However, momentum didn’t wear off. Bitcoin is still hovering around $124K, which suggests consolidation before the next push.
The uncertainty and chaos at the governmental level casts doubt in the investors’ hearts and lowers their confidence in the US dollar. This explains their migration to crypto in general and Bitcoin in particular, as the once high-risk assets and not as high-risk anymore.
There’s little doubt that Bitcoin will retain its bullish momentum into October and beyond, because we have officially entered the bull zone.
This year’s Q4 has already started with an 8.24% pump and the expectations are high considering the catalytic factors fueling Bitcoin’s drive.
The recent governmental shutdown may be the most impactful now, but there are others that will have an even greater impact long-term.
The massive discrepancy contributed to the fear and uncertainty among investors and explained, at least partly, the market’s migration to crypto.
Strategy’s Michael Saylor ascribes to that idea wholeheartedly, when he commented, after being asked about Bitcoin’s next winter phase during a Bloomberg interview back in June:
Winter is not coming back. We’re past that phase. If Bitcoin isn’t going to zero, it’s going to $1M.
With a targeted Q4 public release, Bitcoin Hyper ($HYPER) will also likely contribute to Bitcoin’s 2025 bull run.
The Canonical Bridge is one of the primary tools to help with that. Once the Bitcoin Relay Program confirms incoming transactions, the Bridge then mints the users’ Bitcoins into the Hyper layer.
Any transactions to and from the Hyper layer have near-instant finality, drastically upgrading the ecosystem’s responsiveness and overall performance. You can also withdraw your Bitcoins to Layer 1 whenever necessary.
Hyper’s Layer 2 maintains strong synchronization with Bitcoin’s native Layer 1 to ensure optimal performance and security.
The Solana Virtual Machine is another welcomed addition to Hyper’s tool set, enabling the ultra-fast execution of DeFi apps and smart contracts.
These tools contribute to a faster, cheaper, and more scalable Bitcoin ecosystem, making it a more viable choice for institutional investors.
The presale has raised $21.6M so far and it’s growing rapidly. You can buy your $HYPER at the presale price of $0.013065, which could be the lowest price point you’ll ever get.
This isn’t financial advice. Do your own research (DYOR) and invest wisely.
