Bitcoin price started the week on the back foot, sliding from the mid-$64,000s toward $62,800 and briefly testing support around $63,000. The immediate trigger was a classic “leverage flush”: too many traders were positioned for a quick move higher, and when price dipped, forced liquidations accelerated the drop. BTC is down about 1.4% over the past 24 hours.
If you’re newer to crypto, the key takeaway is simple: when lots of people borrow to bet on Bitcoin going up, even a small dip can turn into a bigger, faster move as those positions get automatically closed. That doesn’t always change the bigger picture, but it can make short-term price action feel chaotic.
In the middle of that noise, attention has continued to drift toward projects trying to make Bitcoin more usable—not just something you hold and hope goes up. One of the most watched right now is Bitcoin Hyper (HYPER), whose presale has raised $32.96 million and is closing in on the $33 million mark.
Bitcoin fell as low as $62,800 this morning after trading near $64,500 over the weekend. Even with the drop, BTC is still trading inside the broader $59,000–$66,000 monthly range that has contained price action for weeks.
The liquidation spike rattled short-term traders, but it wasn’t an extreme wipeout compared with other days this month—roughly one-sixth of the largest daily flushes seen in the past month.
Separately, weekend developments between the United States and Iran added pressure. The two sides exchanged strikes as part of an escalation that began last week, and oil reacted quickly. Brent jumped 4% to $79 and WTI rose by a similar percentage. With questions circulating about whether the Strait of Hormuz stays open to shipping, risk assets—including crypto—have stayed on edge.
A Calmer Signal for Newcomers: Spot Bitcoin ETF Inflows Returned
While headlines and leverage can shake price around, there was also a more constructive datapoint: US spot Bitcoin ETFs recorded $90.44 million in net inflows last Friday. That pushed the weekly total to $197.4 million, snapping an eight-week streak of outflows.
BlackRock’s IBIT led those inflows, and that kind of steady institutional buying can act like a “floor” under the market during choppy periods—especially when leveraged traders are getting forced out.
Trader Daan Crypto noted Bitcoin has been stuck in a range between roughly $61,000 and $65,000, with geopolitics and the upcoming CPI print keeping conditions choppy and making clean directional moves harder to trust.
$BTC New week ahead. Geopolitics playing up again over the last few days.
Crypto choppy, so are stocks.
Bitcoin remains rangebound between this ~$61K-$65K region and is right in the middle here.
No major outliers in alts either over the weekend. We'll just have to wait and see… pic.twitter.com/Yh79WFsZME
— Daan Crypto Trades (@DaanCrypto) July 13, 2026
When Bitcoin is range-bound like this, many investors start looking past short-term price swings and toward infrastructure that could make Bitcoin easier (and cheaper) to actually use. That’s part of why Bitcoin Layer 2 narratives have stayed active.
Why Bitcoin Hyper Is Getting Attention: Making Bitcoin Feel “App-Friendly”
Bitcoin Hyper (HYPER) is building a dedicated Layer 2 network for Bitcoin. Think of a Layer 2 like an “express lane” where most activity happens quickly and cheaply, then a summary of that activity gets anchored back to Bitcoin for security.
Bitcoin Hyper’s design pairs the high-throughput Solana Virtual Machine with zero-knowledge proofs and periodic state commitments back to Bitcoin’s base layer. Users deposit BTC into a monitored address, the system mints an equivalent asset on the L2, and transactions settle with near-instant finality at a fraction of main-chain fees. Withdrawals reverse the process through cryptographic proofs designed to keep the bridge trust-minimized.
When you’re this early,
Even the moon feels uncrowded. 🌕⚡️https://t.co/VNG0P4GuDo pic.twitter.com/mrO94UTw6s
— Bitcoin Hyper (@BTC_Hyper2) July 10, 2026
The project’s stated goal is to make things like everyday payments, meme coin launches, decentralized exchanges, and staking possible while still anchoring batches of activity to Bitcoin’s security. The native HYPER token is used for gas, governance, and staking.
Right now, buyers who purchase and stake in the same transaction are offered 36% APY rewards, and the presale price is $0.013683 in the latest stage.
On fundraising, the presale has collected $32.96 million so far, leaving a narrow gap before it passes $33 million. The next automatic price increase is scheduled in a matter of hours, and buying activity has continued even as BTC has seen heavier volatility.
How to Buy HYPER (And What You’ll Need First)
With Bitcoin still reacting to leverage and geopolitical headlines, the ongoing traction in the Bitcoin Hyper presale suggests many participants are treating it as a longer-term bet on expanding what Bitcoin can do inside Web3—rather than just betting on BTC’s next price move.
To take part, investors can visit the official Bitcoin Hyper website, connect a wallet, and purchase in a few clicks. The presale accepts ETH, BNB, SOL, USDT, and USDC, and it also supports direct bank card payments.
For a more streamlined mobile experience, you can download the Best Wallet app from the Apple App Store or Google Play, then find the HYPER presale under “Upcoming Tokens.” The app supports topping up with crypto or card, and lets users buy and stake HYPER directly, including the current 36% APY rate. The presale price remains $0.013683 for now.
For stage changes, listing updates, and development news, follow Bitcoin Hyper on X and join the Telegram channel.
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