Global markets opened the week under pressure after President Trump ordered a naval blockade of the Strait of Hormuz, set to take effect today after peace talks with Iran broke down over the weekend. Oil reacted immediately: WTI crude jumped 8% to $104.40 and Brent climbed 7% to $101.86, while tanker traffic through one of the world’s most important shipping routes came to a halt.
Bitcoin has also pulled back, dropping below $71,000 and trading around $70,700 this morning.
For newer crypto investors, this is a familiar pattern: when geopolitical tension rises and energy prices spike, traders often move away from riskier assets in the short term. But even while BTC’s price is wobbling, one Bitcoin-focused project is still attracting attention. The Bitcoin Hyper (HYPER) presale has now raised more than $32.39 million, as buyers focus less on today’s headline shock and more on tools that could make Bitcoin easier and cheaper to use over time.
That is the core pitch behind Bitcoin Hyper. Its Layer 2 design aims to help Bitcoin handle transactions more quickly and at lower cost, while still relying on the main Bitcoin network for security.
With diplomacy failing to calm the Iran situation, a route that carries roughly 20% of global oil trade has been severely disrupted. According to the new U.S. blockade, ships are restricted except for those leaving Iranian ports, adding to fears of a prolonged supply shock.
That matters far beyond oil traders. China and India are especially exposed as major buyers of Iranian and regional crude, and a longer disruption could feed inflation across the global economy. Some analysts have warned oil could rise toward $150 a barrel if the standoff drags on.
Bitcoin’s decline fits that broader market mood. When uncertainty jumps, BTC often trades like a risk asset in the near term, even if many investors still see it as a long-term store of value.
Futures data also shows how tense the market is. Trader Ted Pillows said on X that a 10% Bitcoin rally could liquidate $3.44 billion in short positions, while a comparable drop would wipe out $5.44 billion in longs, leaving downside pressure as the more painful scenario right now.
$3,440,000,000 in shorts will get liquidated if $BTC pumps 10%.
$5,440,000,000 in longs will get liquidated if Bitcoin dumps 10%.
Max pain is currently to the downside here in the short term. pic.twitter.com/FLbPxXFuRE
— Ted (@TedPillows) April 12, 2026
Strait of Hormuz Crisis Grows: A Beginner-Friendly Reason Some Traders Are Watching Bitcoin Hyper
Short-term price swings can be intimidating, especially for newcomers. That is one reason some investors are paying attention to projects focused on improving how Bitcoin works rather than simply betting on where BTC trades next week. The Bitcoin Hyper presale has become part of that conversation.
Bitcoin Hyper (HYPER) is being built as a Bitcoin Layer 2 network using the Solana Virtual Machine (SVM). In simple terms, it is trying to give users a faster lane for transactions and apps, while still connecting back to Bitcoin’s main chain through a non-custodial bridge.
For beginners, the benefit is easy to understand: if Bitcoin is the secure settlement layer, Bitcoin Hyper wants to make everyday use feel smoother, cheaper, and more practical. The project says this setup can support fast, low-cost transactions as well as DeFi and dApps, without giving up Bitcoin’s base-layer security model.
When the future calls 📞
Bitcoin Hyper is already on the line. 🔥⚡️https://t.co/VNG0P4GuDo pic.twitter.com/Kbl5ciAIpq
— Bitcoin Hyper (@BTC_Hyper2) April 12, 2026
The HYPER token is designed to power gas fees, staking rewards, and governance across the ecosystem. Total supply is capped at 21 billion, with allocations set aside for development, treasury, marketing, rewards, and exchange listings.
Even during today’s oil-driven sell-off, the HYPER presale continues to appeal to buyers looking for exposure to Bitcoin-related growth in a different way. Rather than depending only on BTC’s spot price, the idea is to participate in infrastructure built to expand what Bitcoin can actually do.
The current presale stage ends tomorrow, and the token is still priced at $0.0136785.
How to Buy HYPER If You’re New to Crypto
If you want to take part, the first step is to visit the official Bitcoin Hyper presale website, where you can read the project details and access the purchase page.
The buying process supports several payment methods, including ETH, BNB, USDT, USDC, SOL, and bank card payments. That gives newcomers a few different ways to participate depending on what they already hold.
You can also purchase HYPER through the Best Wallet crypto wallet, available on the Apple App Store and Google Play.
Tokens bought in the presale can be staked immediately at the current 36% APY, and the active presale price remains $0.0136785.
For updates, follow the Bitcoin Hyper project on X and join the official Telegram channel.
EXPLORE: Top Crypto Presales to Watch Now
Follow 99Bitcoins on X (Twitter) For the Latest Market Updates, and Subscribe on YouTube For Daily Expert Market Analysis.
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed

