Cryptocurrency Worldcoin surges by 72%, experts predict a forthcoming explosion in the value of a potential new Bitcoin Layer 2 token as the next major crypto to make headlines
Cryptocurrency Markets Brace for Fed Rate Cut Decision as New Projects Gain Traction
In the world of cryptocurrencies, the upcoming Federal Reserve rate cut decision has sparked a surge in the prices of several digital assets, including XRP, BNB, and a newcomer called Bitcoin Hyper.
Bitcoin Hyper: The Next Big Thing?
Bitcoin Hyper, a Layer 2 (L2) project, is addressing Bitcoin's speed issues with ZK-rollups. Analysts believe that this could be the next crypto to explode, following in the footsteps of Worldcoin (WLD), which surged 72% today. WLD's trading volume skyrocketed 254% in the last 24 hours, and it recently secured a $250 million investment from Eightco Holdings.
The Bitcoin Hyper presale is currently underway, and it enables investors to buy at an early stage and stake their HYPER for a 75% Annual Percentage Yield (APY). The presale is nearing the $15 million raised milestone, indicating strong investor interest, although specific company names are not disclosed.
HYPER's Price Surge and Future Increases
The price of HYPER is set to increase further across the following weeks, with the next price hike scheduled within two days. The HYPER presale has also scheduled price increases throughout its duration.
Ethereum's New Roadmap and Other Crypto Developments
Vitalik Buterin presented a new roadmap for Ethereum at the Japan Dev Conference, while other cryptos such as Stellar (XLM) and Dogecoin are not covered in the current report. Remittix has set new crypto records, but details are not provided.
The Federal Reserve's Impact on Cryptocurrencies
Eric Trump believes that a Federal Reserve rate cut will send crypto-tied stocks surging in Q4, as does the potential devaluation of the dollar due to the Federal Reserve's 'third mandate'. This could potentially send cryptocurrencies to new All-Time Highs (ATHs).
Microsoft Joins the UK AI Scene
In other news, Microsoft is joining the scramble for UK AI 'cake' with a $30 billion package.
In conclusion, the entire crypto market is showing strength, making it a good setup for new projects like Bitcoin Hyper to perform well. As the presale continues, investors will be keeping a close eye on HYPER's progress.
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