Bitcoin’s back on the up, bouncing near $117K after the US President Donald Trump gave crypto lovers something to cheer about: the appointment of Stephen Miran to the Federal Reserve Board.
But as $BTC gains more attention, the same old issues often resurface. The Bitcoin network still struggles with slow speeds and costly fees, especially during periods of peak demand.
Interestingly, before his appointment, Miran questioned the accuracy of current inflation models and hinted at a more cautious approach to rate hikes – an outlook that could favor $BTC.
With Miran now serving on the Fed Board, the crypto market has perked up. Since the news broke, $BTC has spiked by around 3%, from a $114K low to a $117.5 – though it has since stabilized to $117K.
As $BTC adoption goes, the network often becomes congested. Fees spike and transactions slow down, especially during bull runs. Bitcoin Hyper is under development to fix precisely this.
But with Bitcoin Hyper, instead of every transaction competing for space on the base layer, it batches transactions off-chain and settles them efficiently.
By doing so, it can facilitate lower fees, faster transactions, and more practical real-world use for DeFi protocols and dApps built on Bitcoin.
If you want to move your funds back to the Bitcoin mainnet, fear not. The bridge will validate the Layer 2 activity and securely release the original $BTC back to the base layer.
To get the most out of the ecosystem, however, you’ll want to purchase $HYPER. As the project’s native currency, it grants access to lower gas fees, governance rights, and staking rewards up to a 139% APY.
It’s no wonder $HYPER has already attracted over $7.7M since its presale launch on May 16, 2025.
Miran joining the Federal Reserve Board signals a shift toward looser policy, a setup that often benefits $BTC.
While this is excellent news for the crypto leader and thus the entire market as a whole, the Bitcoin network will likely struggle to keep up with the surge in demand.
This isn’t investment advice. Always do your due diligence and never invest more than you’d be sad to lose.
