Bitcoin (BTC) has experienced a significant price decline, dropping below $92,000 to trade near $91,450—a nearly 30% fall from its October peak above $126,000. This weakness is attributed to a structural dollar liquidity squeeze, driven by the Treasury General Account (TGA) ballooning toward $1 trillion, which has drained cash from markets and reduced bank reserves.
In response, the Federal Reserve resumed overnight repo operations, injecting approximately $30 billion in collateralized liquidity for the first time since 2019 to alleviate funding stress. Historically, such liquidity shifts have preceded rallies in risk assets like Bitcoin when conditions improve.
Amid this market turmoil, investors are rotating into alternative opportunities, with Bitcoin Hyper ($HYPER) emerging as a focal point. The project, a Bitcoin Layer-2 solution built on the Solana Virtual Machine (SVM), aims to enable fast transactions, DeFi, NFTs, and meme coin functionalities on Bitcoin's base layer. Its presale has raised over $28 million, with tokens priced at $0.013295 and offering 41% APY staking rewards.
Bitcoin Hyper plans to use a canonical bridge and zero-knowledge proofs to settle transactions back to Bitcoin, enhancing utility without compromising security. Analysts project potential highs of $0.20 for $HYPER by 2026, positioning it as a high-growth option in a strained market.