Bitcoin Hyper Raises $5 Million in Viral Bitcoin Layer 2 Presale: Next Crypto to Explode?

Early investors have poured more than $5 million into the presale for Bitcoin Hyper (HYPER), the first Layer 2 solution for Bitcoin built using Solana Virtual Machine (SVM) technology, ahead of the US Federal Reserve’s interest rate decision this Wednesday. Bitcoin is currently trading less than 3% below its all-time high, while Ethereum’s rally shows no signs of cooling due to record-breaking net inflows of more than $5.12 billion into US spot ETFs this month.

Looking ahead, traders are cautiously positioning themselves ahead of the Fed’s decision on interest rates. Bitcoin futures open interest has surged to about $85 billion, indicating that whales are piling into the market despite short-term…

Source link