As Bitcoin Breaks Records, Bitcoin Hyper Rises to Become Next Big Winner
The post As Bitcoin Breaks Records, Bitcoin Hyper Rises to Become Next Big Winner appeared on BitcoinEthereumNews.com.
As Bitcoin breaks records amid anticipation of favorable US crypto regulations, the need for scalable Layer-2 solutions like Bitcoin Hyper becomes apparent. $BTC is breaking records yet again. On July 14, it reached its ATH of $123K. And it shows no signs of slowing down, as there has also been explosive growth in spot $BTC ETFs. As $BTC continues to flourish and attract more demand, the need for network scalability solutions like Bitcoin Hyper ($HYPER) has never been more clear. This is because such projects are designed to ease the burden on the Bitcoin network during peak trading activity. $BTC Hit $123K During US ‘Crypto Week’ Optimism $BTC hitting $123K on Monday marked a significant milestone as investors anticipate long-awaited regulatory breakthroughs during what is dubbed ‘Crypto Week’ by US Republicans. After a long nine-hour House vote, crypto bills advanced late last night when Republicans agreed to add an anti-CBDC measure to the defense bill. Source: X (Congressman Andy Harris) Meanwhile, the GENIUS Act is highly anticipated to pass today and head to President Trump’s desk, whereas the Clarity Act is poised to move to the Senate. In anticipation of the regulatory changes, $BTC has since stabilized at around $118K. Still, this marks a whopping 81% rise compared to last year. And it shows no signs of backing down. Per the 200-day moving average (MA) indicator, $BTC remains firmly in a long-term uptrend, as it currently trades more than 20% above the key support level. Source: TradingView Historically, when $BTC holds above this line, it signals sustained investor confidence and – typically – sets the stage for future gains. Spot Bitcoin ETFs Top $150B in Assets Under Management Spot Bitcoin ETFs further underscore the surge in $BTC interest, with assets under management (AUM) climbing past $150B yesterday. This data marks…
Filed under: News - @ July 18, 2025 1:29 pm