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Bitcoin Reclaims $70,000, Rotation Theme Lifts Bitcoin Layer‑2 Bets

Coverage spotlights a $31 million Bitcoin Hyper presale linked to demand for faster execution on Bitcoin.

Overview

  • Bitcoin traded back above $70,000, with NewsBTC describing a bullish structure supported by sustained spot ETF inflows.
  • Bernstein analysts, including Gautam Chhugani, projected Bitcoin could reach $150,000 in 2026, a call coverage says is steering interest toward scalability plays.
  • Market commentary pointed to liquidity moving from lagging large‑cap altcoins, with Solana rejected near $84, toward Bitcoin‑native Layer‑2 narratives.
  • Bitcoin Hyper’s presale total reportedly surpassed $31.3 million, with token pricing near $0.0136753 and Etherscan‑tracked whale buys of about $500,000, $379,900, and $274,000.
  • The project says it uses the Solana Virtual Machine as a Bitcoin Layer‑2 execution environment and features staking after TGE, with these details reported from project disclosures.