Key Takeaways
- New US jobs surged to 247K while unemployment fell to 4.1%. This stronger-than-expected data helped push $BTC close to its $111K ATH.
- Also boosting $BTC is the anticipation of major crypto bills – the GENIUS, CLARITY, and Anti-CBDC Acts – being accepted. If passed, they could provide much-needed crypto regulatory clarity.
- With $BTC adoption growing and poised to surge further, Bitcoin Hyper will become a crucial Layer 2 solution. It’ll bring faster transactions, smart contract functionality, and lower fees to the Bitcoin ecosystem.
Earlier today, $BTC flirted with a possible new ATH, briefly touching $110.5K on the back of favorable US macroeconomic data.
Rekindling investor confidence in risk assets, such as crypto, is driven by stronger-than-expected US jobs data. About 247K new non-farm positions were added in June, more than double the anticipated 110K estimate.
Add to that a drop in unemployment to 4.1% and a spike in 10-year Treasury yields to 4.33% – 4.36% and you get a reenergized crypto market.
Also working in $BTC’s favor is ‘Crypto Week.’ On July 14 – 18, the House will review three major crypto bills – the GENIUS Act, the CLARITY Act, and the Anti-CBDC Act – that aim to reshape US crypto regulation if passed.
Such breakouts aren’t just bullish for $BTC; they’re a big deal for the entire Bitcoin ecosystem. And projects like Bitcoin Hyper – a novel Layer 2 scaling solution – stand to benefit.
As Bitcoin attracts more demand, Bitcoin Hyper ($HYPER) becomes all the more essential. The reason is that it’s working hard to make the network faster, cheaper, and extend its limited smart contract capabilities.
$BTC Nears ATH, RSI Signals More Room to Run
Although $BTC’s price action is relatively modest (up by 0.57% compared to yesterday), it briefly surged past $110.5K, and thus edged close to its $111K+ ATH.
Beyond $BTC’s price action, which coincides with favorable macroeconomic data and possibly a more crypto-friendly USA, technical indicators are even more telling.
According to the Relative Strength Index (RSI) on the daily chart, $BTC is currently sitting at 58.02, which suggests healthy bullish momentum without entering overbought territory (typically above 70).
This places $BTC in the ‘sweet spot’ for continued upward movement. It reflects a return of buyer interest to the market, leaving room for further gains before major profit-taking is likely.
Indicators like the Squeeze Momentum and Exponential Moving Averages (EMAs) also suggest that Bitcoin is building pressure and poised for a significant breakout.
However, as $BTC adoption grows and transaction volumes increase, the network is no stranger to facing limitations in speed, cost, and programmability during peak usage periods.
Thankfully, this is where Bitcoin Hyper ($HYPER) shines bright. It’s stepping in to address the Bitcoin network’s most pressing limitations.
Bitcoin Hyper is the Answer to Bitcoin’s Problems
Bitcoin Hyper will launch in Q3 2025 to enhance the network’s speed and cost-effectiveness while preserving its legendary security.
Owing to its power being derived from the Solana Virtual Machine (SVM), it’ll introduce smart contracts, staking, and dApps to the Bitcoin ecosystem for the first time.
When using the ecosystem, you send $BTC to a Canonical Bridge. It’s a trusted gateway that locks your real $BTC and then creates wrapped $BTC on the Layer 2 network.
Wrapped $BTC is a 1:1 version of your $BTC that you can use just like regular $BTC, but with lower fees and near-instant speed. You can send, trade, stake, or use it in dApps without the Bitcoin network’s typical slow transactions and high costs.
To keep Layer 2 secure, Bitcoin Hyper uses zero-knowledge (ZK) proofs to verify that all transactions are accurate and valid, without revealing sensitive details.
It also regularly updates the original Bitcoin network to ensure that both the Layer 1 and Layer 2 are in sync.
The project’s native token, $HYPER, fuels Bitcoin Hyper’s operations, staking, and governance. Owing to its utility, it has raised an eye-boggling $1.9M since launching on presale on May 14, 2025.
Buy & Stake Hyper to Unlock 490% APY
$BTC recently flirted with a possible new ATH, briefly touching $110.5K on the back of favorable US macroeconomic data.
Thankfully, this is where Bitcoin Hyper steps in, building a Layer 2 network to address the original blockchain’s limitations. Ultimately, it aims to transform Bitcoin from being a store of value into a reliable network.
To maximize your investment in Bitcoin Hyper, you can purchase $HYPER on presale for just $0.012125.
Upon purchase, it can also be staked at a substantial 409% APY. However, act fast, as this percentage is likely to decrease as more users become aware of it.
As always, do note that this isn’t investment advice. Always DYOR and never invest more than you can afford to give up.
This is Bogdan, a crypto aficionado with an appetite for writing, researching, and scanning the market at an unhealthy intensity for anything that would give his readers the upper hand in the trading game.
Bogdan started his writing journey in the ‘Bitcoin is a scam’ era of 2010, which taught him a priceless lesson about the value of research and education, especially on topics that may one day help you build a fortune.
In other words, he missed the OG FOMO train, but he decided a few years later to give Bitcoin another chance, this time with full understanding of the ecosystem’s potential.
So, over the years, he became proficient in everything crypto-related, dissecting notions like Layer 2 upgrades, ETFs, chart predictive patterns, and crypto presales, all the while watching the crypto adoption wave building to a true tsunami.
This translated into hundreds of informational articles, reviews, data mining snippets, and whistleblower pieces, designed to rally investors to some underrated gem in the hope for that once-in-a-lifetime 1000x crypto.
Today, Bogdan splits his time between chart analysis, video games, spending time with his kids, and daydreaming about a tokenized future. Which seems to grow closer by the day.