Fed Rate Cut Pumps BTC and Bitcoin Hyper Presale
The post Fed Rate Cut Pumps BTC and Bitcoin Hyper Presale appeared on BitcoinEthereumNews.com. The US Federal Reserve has slashed interest rates by 25 bps. It’s anticipated to push investors toward riskier assets, and thus fuel a $BTC rally. But as adoption for $BTC grows, the network’s limitations – like steep fees and low speeds – will only become more obvious. Thankfully, Bitcoin Hyper ($HYPER) is preparing to fix them – it’s no wonder that it has nearly raised $17M on presale. Fed Rate Cut Might Redirect $7.4T Money Market Funds to $BTC With over $7.4T in money markets, the Fed’s rate cut could help move these funds into $BTC – especially now that exposure to the crypto leader is easier through spot Bitcoin ETFs and treasury proxies. Source: FRED Fed Chair Powell also signaled that two more rate cuts might occur before this year’s end, citing ongoing concerns over the US labor market. In return, it could boost momentum for the #1 crypto even further. And that’s not all. Macro Strategist Octavio (Tavi) Costa suggests the US dollar may be breaking down from a 14-year support level. With the potential of a much weaker dollar ahead, the bull case for risk assets like $BTC is anticipated to strengthen. Source: X Octavio (Tavi) Costa As $BTC adoption likely accelerates under these conditions, Bitcoin Hyper could be precisely what’s needed to keep the network functional amid surging demand. Bitcoin Hyper to Solve Bitcoin’s Scalability Crisis Bitcoin Hyper is a pioneering Layer 2 (L2) solution designed to address the Bitcoin network’s most significant pain points: slow scalability, transaction speed, and steep fees. Right now, Bitcoin can only facilitate 10.73 transactions per second (tps). In comparison, Ethereum can handle over double the workload at 23.82 tps. Bitcoin’s max throughput of 13.2 tps is also 78.83% lower than Ethereum’s 62.34 tps. Because it can only process a limited…
The post Fed Rate Cut Pumps BTC and Bitcoin Hyper Presale appeared on BitcoinEthereumNews.com.
The US Federal Reserve has slashed interest rates by 25 bps. It’s anticipated to push investors toward riskier assets, and thus fuel a $BTC rally. But as adoption for $BTC grows, the network’s limitations – like steep fees and low speeds – will only become more obvious. Thankfully, Bitcoin Hyper ($HYPER) is preparing to fix them – it’s no wonder that it has nearly raised $17M on presale. Fed Rate Cut Might Redirect $7.4T Money Market Funds to $BTC With over $7.4T in money markets, the Fed’s rate cut could help move these funds into $BTC – especially now that exposure to the crypto leader is easier through spot Bitcoin ETFs and treasury proxies. Source: FRED Fed Chair Powell also signaled that two more rate cuts might occur before this year’s end, citing ongoing concerns over the US labor market. In return, it could boost momentum for the #1 crypto even further. And that’s not all. Macro Strategist Octavio (Tavi) Costa suggests the US dollar may be breaking down from a 14-year support level. With the potential of a much weaker dollar ahead, the bull case for risk assets like $BTC is anticipated to strengthen. Source: X Octavio (Tavi) Costa As $BTC adoption likely accelerates under these conditions, Bitcoin Hyper could be precisely what’s needed to keep the network functional amid surging demand. Bitcoin Hyper to Solve Bitcoin’s Scalability Crisis Bitcoin Hyper is a pioneering Layer 2 (L2) solution designed to address the Bitcoin network’s most significant pain points: slow scalability, transaction speed, and steep fees. Right now, Bitcoin can only facilitate 10.73 transactions per second (tps). In comparison, Ethereum can handle over double the workload at 23.82 tps. Bitcoin’s max throughput of 13.2 tps is also 78.83% lower than Ethereum’s 62.34 tps. Because it can only process a limited…
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