Skip to content

Cryptocurrency Values Soar: Ethereum Reaches Record Peak, Bitcoin Approaches $12 Million Mark

Jerome Powell, Chairman of the Federal Reserve, delivered a dovish speech at Jackson Hole, which boosted altcoin prices substantially. Ethereum takes the lead in this rally.

Cryptocurrency Values Surge: Ethereum Sets New Record High, Nearing $6,000, while Bitcoin...
Cryptocurrency Values Surge: Ethereum Sets New Record High, Nearing $6,000, while Bitcoin Approaches the $12 Million Mark

Cryptocurrency Values Soar: Ethereum Reaches Record Peak, Bitcoin Approaches $12 Million Mark

In the dynamic world of cryptocurrency, a new player is making waves – Bitcoin Hyper (HYPER). This BTC layer-2 project, which raised nearly $12 million in its ICO, is being hailed as a high-beta play on Bitcoin by analysts, with some anticipating up to 100x returns.

Bitcoin Hyper, a project that uses the Solana Virtual Machine and zero-knowledge architecture, aims to tackle Bitcoin's scalability and network throughput issues. Its unique offering of programmable Bitcoin transactions has caught the attention of investors, with whales already accumulating the currency. Recently, one whale purchased over $150k worth of Bitcoin Hyper.

The project's bullish sentiment is further fueled by analyst predictions. Tom Lee from Fundstrat forecasts Bitcoin could reach $200,000 by the end of 2025, a significant surge that could benefit Bitcoin Hyper as an associated project. 99Bitcoins analyst Umar Khan predicts Bitcoin Hyper could see up to a 100x rally post-exchange listing, citing its Layer-2 technology enabling faster, cheaper Bitcoin transactions and a low initial valuation compared to established Layer-2 projects.

Meanwhile, the rising presale fundraising momentum, reaching over $15 million, adds to the strong investor confidence in Bitcoin Hyper's growth potential.

Elsewhere in the crypto sphere, Ethereum's price hit a new all-time high of $4,885 on August 25, 2025. An Ethereum ICO investor resurfaced with a $4.3B bag, potentially indicating a dump. However, Tom Lee, Chairman of BitMine's largest ETH treasury firm, remains optimistic, predicting that the ETH price will hit at least $10,000 this year and could trade as high as $16,000.

In other news, Tesla's Robotaxi app has surpassed Uber and Waymo in downloads. Google services went dark in Eastern Europe, with the impact varying across countries. Kazakhstan is testing crypto cards with Mastercard, and several altcoins, including Arbitrum, Aave, Ethena, Lido DAO, Pudgy Penguins, SPX6900, Fartcoin, Solana, Dogecoin, and Pepe, are experiencing strong gains.

Robinhood was added to the S&P 500, causing its stocks to surge 7%. President Vladimir Putin rejected top bankers' warning that Russia's economy is stagnating. Pi Network's first DeFi game has gone live, and Pepe, an Ethereum meme coin, is currently trading over 60% below its all-time high and is highly undervalued, with experts projecting it might reach a $20 billion valuation this year.

As the crypto market continues to evolve, Bitcoin Hyper's promising potential and the bullish predictions from analysts are certainly worth keeping an eye on.

Read also:

Latest