Bitcoin has kicked off October with a strong rally, surging to a seven-week high of almost $119,450. Its price jumped 2% in just 24 hours , pushing the total crypto market capitalization to an impressive $4.08T. This huge jump has everyone excited, hoping for a repeat of the Uptober trend, a historically bullish month for 1 rally was so big it even pushed Bitcoin’s market value past Amazon’s. It’s not just Bitcoin, either; other major coins like Ether, Solana, and Dogecoin are all riding this wave and seeing great 2 are also coming in for Bitcoin Hyper ($HYPER) , a project that promises to bring dApps and smart contracts to 3 more about what Bitcoin Hyper is in our 4 is Bitcoin Suddenly Soaring?
So what’s behind this sudden Bitcoin surge? It’s a mix of major economic and historical trends. First, there’s a good chance the Federal Reserve will cut interest rates again this month, mostly due to a weakening US job 5 fact, a popular prediction market now shows a 99% chance of a rate cut at the Fed’s next meeting; that’s a pretty strong 6 tends to make riskier assets, like crypto, more 7 there’s the history of 8 on our findings, Bitcoin has gained value in ten Octobers in the past 12 years, making it the most reliable month for 9 Bitcoin has now broken past a key resistance level at $117.5K, it still has its eyes on the $120K 10 it can break through that, we could be looking at new all-time 11 rally shows that as traditional economic signs get weaker, Bitcoin is looking stronger and stronger as a place to put your 12 with projects like Bitcoin Hyper ($HYPER) increasing the speed and utility of Bitcoin, things can only get better.
Bitcoin’s Slow, $HYPER’s the Shot in the Arm It Needs If you’ve ever tried to use Bitcoin for a quick payment, you’ll know that it takes ages and you pay a bunch of fees. It’s exactly the problem Bitcoin Hyper ($HYPER) is trying to fix. It’s a powerful upgrade that gives Bitcoin the speed and low costs it needs to become useful for things other than 13 a Layer 2 that handles transactions using the Solana Virtual Machine and a Canonical Bridge , Bitcoin Hyper ($HYPER) makes Bitcoin feel snappy and affordable. It’s about making the world’s most secure crypto also one of the fastest and cheapest to 14 new technology unlocks a ton of cool uses for 15 Hyper ($HYPER) enables developers to build dApps, run DeFi services, and even create new digital collectibles and NFTs, all on top of Bitcoin’s rock-solid foundation.
It’s like turning an old-school flip phone into a modern 16 speeds become next to nothing, meaning Bitcoin is one step closer to being a truly practical 17 project is getting a lot of attention because it has the potential to transform Bitcoin into a powerful tool you can use in everyday life without giving up any of its legendary 18 Is $HYPER Actually Worth It? $HYPER’s already raised over $19.8M showing it’s got the backing worthy of one of the best crypto presales of 19 can get your $HYPER now for $0.013015 , and with 60% staking rewards, you can even earn passive income once it 20 : Due to economic factors, bitcoin’s price is soaring, hitting a seven-week high of nearly $119,450, and sending its value past that of 21 it rises, investors have their eyes on Bitcoin Hyper ($HYPER), which aims to bring the OG digital asset into the modern 22 by Aaron Walker, NewsBTC — 0
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