Bitcoin is currently trading sideways near $114,700 while altcoins like Ethereum and XRP attract more attention due to capital rotation and favorable macro conditions. Institutional investors favor Ethereum, contributing to the onset of an altcoin season. Bitcoin’s price is consolidating within a descending channel, testing crucial support levels around $112,000. A breakout above $117,000 could lead Bitcoin toward targets near $130,000. Meanwhile, Bitcoin Hyper ($HYPER) is making waves as a Bitcoin-native Layer 2 solution on Solana, combining Bitcoin’s security with Solana’s speed to enable scalable smart contracts and dApps, with a promising presale underway.
Continue to read Bitcoin Poised for Breakout as Altcoins Gain Momentum and New Layer 2 Solution Emerges
Bitcoin is currently trading sideways near $114,700 while altcoins like Ethereum and XRP attract more attention due to capital rotation and favorable macro conditions. Institutional investors favor Ethereum, contributing to the onset of an altcoin season. Bitcoin’s price is consolidating within a descending channel, testing crucial support levels around $112,000. A breakout above $117,000 could lead Bitcoin toward targets near $130,000. Meanwhile, Bitcoin Hyper ($HYPER) is making waves as a Bitcoin-native Layer 2 solution on Solana, combining Bitcoin’s security with Solana’s speed to enable scalable smart contracts and dApps, with a promising presale underway.
Continue to read Bitcoin Poised for Breakout as Altcoins Gain Momentum and New Layer 2 Solution Emerges
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