Crypto prices have crashed after yesterday’s massive selloff, with the total market cap dropping 5.8% in the last day to $2.8 trillion. Bitcoin dipped to $80,815 before bouncing to $82,150, while Ethereum fell below $2,700 amid heavy liquidations. Altcoins have taken bigger hits, with Solana down over 6% and XRP off 6.7%, as traders rotated into safe havens like gold.
Geopolitical risks and delayed Fed rate cuts are still weighing on sentiment, with Bitcoin ETFs seeing outflows and options signaling caution. The privacy coin Monero shed 7.5%, and Layer 1s such as Avalanche and Polkadot declined sharply, reflecting thin liquidity across the sector.
Presales remain a bright spot, with attractive low entry points shielding them from spot volatility and attracting whales seeking high-upside plays. This trend highlights Bitcoin Hyper (HYPER), a Bitcoin Layer 2 that combines Solana’s speed with BTC security. The HYPER presale has crossed the $31 million mark, drawing in smart money even as alts falter – indicating that this project could be the next crypto to explode.
Altcoins Face Heavy Pressure in Volatile Market
Regulatory uncertainty has added to the last week’s crypto market pains, although the US Senate has made moves to progress a new regulatory bill offering clarity to investors and Web3 builders. Bitcoin hit 2026 lows below $81,000, while Ethereum derivatives showed spikes in volatility ahead of a $10.8 billion expiry. Crypto-linked stocks have taken some damage, with Coinbase (COIN) down 4.89% yesterday.
The analyst “Unknown Trader” on X has pointed to Ethereum’s long-term buy zone between $1,900 and $1,700, warning of deeper corrections (followed by another rebound) if liquidity stays thin.
$ETH Longterm buy between 1900 – 1700 pic.twitter.com/XVsKC8eZpo
— UNKNOWN TRADER (@Learnernoearner) January 30, 2026
Institutional crypto ETF flows have slowed, with BTC ETFs losing $817.87 million yesterday while ETH ETFs saw net outflows of $155.61 million. However, surveys show that most pros view Bitcoin as undervalued below $95,000 while Wall Street braces for more downside. Whales are also showing a preference for presale projects like Bitcoin Hyper (HYPER), which has seen investments of up to $456,500 over the last couple of months.
Bitcoin Hyper Presale Momentum Continues, Launch Due in Q1
Bitcoin Hyper (HYPER) is creating a high-speed Layer 2 on Bitcoin, using Solana’s virtual machine for quick transactions and smart contracts while tying security to BTC’s base layer. After the L2 launches, users will bridge BTC via a non-custodial setup, minting WBTC (Wrapped BTC) for DeFi, staking, and other applications, with batches settled using zero-knowledge proofs for efficiency.
Audits from Coinsult and SpyWolf confirm the validity of HYPER’s token smart contract, while the L2’s canonical bridge is undergoing work focused on decentralized sequencing. Borch Crypto – a YouTube analyst with 94,200 subscribers – flagged HYPER as potentially the next crypto to explode, praising its Bitcoin-native speed and staking as keys to unlocking DeFi without leaving BTC’s ecosystem.
The HYPER roadmap targets an L2 mainnet debut in early 2026, with developer tools, exchange listings, and DAO governance planned alongside new applications covering tokenized assets and gaming.
Bitcoin Hyper’s Presale Surge Passes $31 Million
For the next several hours, HYPER tokens are priced at $0.013655 during the current phase (up from the sale’s $0.0115 start), with the presale hitting $31.1 million and progressing toward a $31.5 million target (after which the price may also increase). Staking offers a 38% APY, with over 1.4 billion tokens locked, potentially contributing to a post-launch supply squeeze.
HYPER’s success is notable as it has persisted despite the current altcoin weakness, showing that smart money investors are taking a more long-term view here. Whales have driven recent buys, betting on listings later in Q1 to trigger a repricing – with forecasts of up to 100x allowing for expanded DeFi and ecosystem growth.
