Overview of Key Metrics for Bitcoin, Ethereum, and Solana

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The past few weeks have been challenging for Bitcoin, Ethereum, and other cryptocurrencies. However, today’s slight recovery has been accompanied by a 1.04% increase in the total market capitalization of crypto assets. Despite this modest rebound, experts remain divided on the market’s future direction. The market is at a crossroads: some analysts anticipate a deeper correction, while others expect a return to growth.

Recognize the Top Presale Opportunities for November

iShares Bitcoin Trust ETF Hits 52-Week Low

Bitcoin and other cryptocurrencies experienced a slight rally this morning. Over the past 24 hours, Bitcoin’s price has increased by 0.97%. It is currently trading at $102,790, with a total market cap just above $2.05 trillion. Ethereum has gained 2.58% since yesterday, XRP has risen by 3.17%, and Solana is up 1.28%.

Source: coinmarketcap.com

According to a Barron’s report, established cryptocurrencies have recently attracted the attention of major ETF issuers and the Trump administration. This has sparked hopes that increased institutional adoption could help stabilize market volatility.

The iShares Bitcoin Trust ETF is currently trading more than 20% below its 52-week high, which it reached less than a month ago. That peak coincided with the formation of a bearish “evening star” pattern, after which the Bitcoin ETF fell by 3% on October 7.

A drop below the $70 level has intensified bearish sentiment. The ETF has experienced losses in three of the last four weeks and closed near the bottom of its trading range.

Zdroj: tradingview.com

This week alone, the Bitcoin ETF has lost 8% of its value. It recently broke below its 200-day simple moving average (SMA), representing a sharp 5.5% daily decline—the largest since April 7.

Analysts believe that restoring investor confidence requires the fund to hold current levels and climb back above the 21-day exponential moving average (EMA), a key indicator of bullish momentum. Historically, similar recoveries have occurred within about six trading days, as seen in April.

Ethereum ETF Drops 17% in a Week

Ethereum, represented by the Grayscale Ethereum Trust ETF, has experienced an even more significant decline. It is currently 34% below its annual high and has shown a -5% performance since the start of the year. This week alone, the fund lost 17%, roughly double the decline seen in Bitcoin Trust ETF.

This sharp downturn followed a strong rally of over 220% from April to August, making the current correction somewhat expected and healthy.

Interestingly, the Ethereum ETF has not yet broken below its 200-day SMA; it has only tested it during a retest of the inverse head and shoulders pattern.

Zdroj: tradingview.com

The ETF’s behavior around this key moving average will be crucial in the coming week. If it stabilizes, it could present an attractive buying opportunity. After hitting resistance at $40 on August 22, current price movements suggest a potential double bottom formation—provided it can hold recent lows.

Potential for a Cryptocurrency Recovery

The report concludes that any further recovery for Bitcoin and Ethereum would require new capital inflows into these ETFs, signaling a bullish sentiment return to the market.

According to recent comments from Arthur Hayes, co-founder of BitMEX and a respected market analyst, one possible catalyst could be the quiet quantitative easing (QE) by the Federal Reserve. Hayes states that the U.S. is undergoing a subtle shift in monetary policy, which could significantly influence the current market trend.

The ongoing government shutdown in the U.S. is restricting liquidity flow into the financial system. However, if the Standing Repo Facility is activated more aggressively, it would mean the Fed is injecting liquidity into the market behind the scenes. Hayes suggests this could be the turning point that reverses the current downturn and pushes cryptocurrencies back into positive territory.

Recent 24 hours have supported this outlook. The rise in crypto prices has spurred new buying of Bitcoin and other successful altcoins. Investors are taking advantage of the low entry points and cautiously accumulating assets ahead of potential further gains.

Others are waiting and reevaluating their strategies. A common trend is shifting smaller amounts of capital into promising new tokens during presales. One top candidate for explosive growth is the Bitcoin Hyper token, which has already attracted over $26 million in investments.

Investors Are Going for Low-Cost Tokens with Growth Potential—Bitcoin Hyper Leading the Way

The Bitcoin Hyper (HYPER) project pushes Bitcoin’s boundaries by introducing speed, scalability, and programmability into its ecosystem. It leverages its own Layer 2 architecture, combining the security of the Bitcoin network with the performance of modern blockchain infrastructure. The creators also emphasize meme culture to accelerate awareness and adoption, utilizing a strong brand and active social community.

Zdroj: bitcoinhyper.com

Bitcoin Hyper aims to enable instant BTC transactions with low fees, while also supporting DeFi applications, staking, and smart contracts without intermediaries.

The new Hyper network is built on an advanced rollup architecture, utilizing the Solana Virtual Machine (SVM) for parallel transaction processing, achieving high throughput without sacrificing speed. It also features a canonical bridge for secure BTC transfers between layers.

This approach combines the computational power of Layer 2 solutions with the robustness of the Bitcoin main chain, enabling faster transaction confirmations, lower costs, and greater interoperability within the Bitcoin ecosystem.

The core of the ecosystem is the native HYPER token, which serves multiple functions:

• Payment method for transaction fees within the Hyper network
• Staking token for earning rewards and securing the network
• Governance tool for voting on proposals and project direction
• Settlement unit for interacting with DeFi protocols in the Hyper ecosystem
• Asset with high growth potential

Investors are increasingly interested in the project. Over $26 million has already been invested during the presale. The current HYPER token price is $0.013225, with staking yields reaching up to 45% annually. An independent smart contract audit has confirmed high security standards. The team expects the presale to conclude before Christmas, with the token available on the official website and via the Best Wallet mobile app.

Bitcoin Hyper offers a practical, functional ecosystem that enhances Bitcoin’s utility, moving beyond marketing promises to deliver real technological benefits for investors and developers alike.

Buy HYPER tokens at a discount

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