BULLISH 📈 : Bitcoin Surges Above $65K As $HYPER Raises Over $31M

Bitcoin rebounded to $65K after a volatile Asian trading session, resetting open interest to healthier levels.
The market structure shows improvement with spot buying absorbing dips and long-term holders retaining their positions.
Bitcoin Hyper raised over $31M, integrating Solana-speed execution on a Bitcoin Layer 2, enhancing its scalability.
Whale activity indicates strong interest in Bitcoin scaling solutions, with significant accumulations of Bitcoin Hyper tokens.
Bitcoin Hyper offers low-latency processing and negligible fees by using Bitcoin L1 for settlement and SVM-based L2 for execution.
Smart money is positioning ahead of the mainnet launch, highlighted by $1M worth of whale transactions.
Staking mechanics offer high APY opportunities, incentivizing long-term holding and aligning user interests with network security.

Bitcoin reclaims $65K, signaling potential for sustained upward movement as derivatives markets stabilize.

$BTC price action on CMC.

Bitcoin Hyper's integration of Solana Virtual Machine facilitates high-frequency trading and complex smart contracts without burdening the main chain.

Bitcoin Hyper L2 explained.