Bitcoin faces risk of a pullback to $75,000, while long-term bulls have quietly accumulated $31.1 million in structural positions.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to CoinWorld, Bitcoin Hyper has raised $31.1 million to develop a Bitcoin Layer 2 solution based on the Solana Virtual Machine, aiming to combine Solana's speed with Bitcoin's security. The network uses a canonical bridge to lock native Bitcoin and mint compatible versions, enabling high-throughput transactions. Supporters believe this will help Bitcoin function as a high-speed circulating currency and buffer market volatility, such as the recent sell-off that saw Bitcoin's price drop to a two-month low near $81,000.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Dollarama Fiscal Q2 Earnings Rise
MT newswire•2026/09/16 12:17
RBC Capital Adjusts Price Target on IAMGOLD to $23 From $20, Keeps Outperform Rating
MT newswire•2026/09/16 12:17
Euro: Recovery does not justify stronger EUR – BNY
FXStreet•2026/09/16 12:15
UAE National Digital Identity System Moves to Avalanche
Coinspaidmedia•2026/09/16 12:15
Crypto prices
MoreBitcoin
BTC
$76,009.09
-1.18%
Ethereum
ETH
$2,409.26
-2.81%
Tether USDt
USDT
$0.9991
-0.06%
BNB
BNB
$713.3
-0.72%
XRP
XRP
$1.29
-8.24%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$97.69
-3.24%
TRON
TRX
$0.3346
-1.17%
Zcash
ZEC
$1,218
+7.78%
Hyperliquid
HYPE
$78.62
-0.89%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now