Bitcoin Trading Stabilizes Above $100K Amid Growing Positive Sentiment
Bitcoin (https://holder.io/coins/btc/) has seen significant trading activity, recently reaching an all-time high of $111.9K on May 22, 2025, and typically fluctuating between $105K and $110K, without dropping below $100K.
- Long-term holders are selling Bitcoin at around $100K, leading to increased selling pressure.
- Early investors who acquired Bitcoin for under $10K are cashing out after substantial gains.
- A tightening supply may offset this selling, with exchange-held Bitcoin decreasing as prices rise.
- Bitwise CEO Hunter Horsley predicts that once Bitcoin surpasses $130K-$150K, HODLers will become less likely to sell.
- Institutional interest is rising, exemplified by GameStop's purchase of 4.7K Bitcoin and plans for a $1.75B convertible notes offering.
- A Santiment report indicates a positive sentiment shift in the Bitcoin community, with positive comments outweighing negatives two-to-one.
The growing enthusiasm surrounding Bitcoin could lead to increased demand for related projects, like Bitcoin Hyper ($HYPER), which aims to enhance transaction efficiency via a Layer 2 solution leveraging the Solana Virtual Machine.
- $HYPER offers low gas fees, staking rewards of 647% APY, participation incentives, and developer bounties.
- The presale has raised over $1.13M rapidly, with current token pricing at $0.01185.
- Projected price increase could reach $0.02595 by the end of 2025.
The tightening supply of Bitcoin coupled with increasing demand suggests a bullish outlook for both Bitcoin (https://holder.io/coins/btc/) and projects like Bitcoin Hyper (https://holder.io/coins/hyper/).