BTC Price Hovers Near $78K as Treasury Yields Stay Hot: Hyper Presale Nears $35M

BTC USD is back near the $78,000 level as another move higher in long-dated US Treasury yields keeps pressure on risk assets. BTC is down 1.6% on the day and is roughly unchanged for the week, while the total crypto market has slipped 1.88% to $2.65 trillion.

The broader tone has turned more defensive without tipping fully bearish. The Fear and Greed Index eased to 70 from 73, still in “Greed,” but listed ETF products recorded $115 million in net outflows over the last 24 hours. In derivatives, liquidations reached $350.86 million, made up of $278.18 million in longs and $72.68 million in shorts.

As traders weigh whether BTC can keep holding the upper-$77,000 area, capital is also rotating toward Bitcoin-linked infrastructure plays. Bitcoin Hyper (HYPER), a project building a Bitcoin Layer 2 network, has raised more than $33 million in presale funding and is approaching the $35 million mark.

Why Rising Treasury Yields Are Back in the BTC USD Conversation

The immediate macro trigger is the US Treasury’s plan to buy back up to $6 billion of 10-year and 20-year notes today in a 20-minute operation ending at 2pm ET. The size is triple the usual $2 billion pace, and subsequent operations are expected to be $4 billion or higher.

Officials have described the move as a liquidity measure for the less-active long end of the curve, where yields have climbed to levels not seen since before the 2008 financial crisis. The announcement follows Treasury Secretary Scott Bessent’s mid-August comment that repurchases of already-issued securities would at least double.

Even so, the market response has been muted. Publicly held federal debt is near $31.8 trillion, and total government debt is now above $40 trillion. Treasury issuance has increased 11.8% from 2025, while crude oil above $100 per barrel has kept inflation worries alive alongside tariffs and broader energy costs.

After the update, the 10-year yield traded around 4.841%, the 20-year yield reached 5.314%, and the 30-year moved above 5.3%. Some bond traders had been expecting a larger intervention, potentially as high as $10 billion, after earlier guidance that buybacks would double. That gap between expectations and delivery has helped keep pressure on broader markets, including BTC/USD.

BTC USD Price Holds Key Support as ETF Flows Turn Negative

Bitcoin’s pullback has brought the market back to a familiar test area near $78,000. Ethereum has also weakened, falling below $2,500 and trading around $2,470 after a 1.7% decline.

Analyst Daan Crypto said Bitcoin’s repeated bounces from roughly $77,800 continue to mark an important support zone just beneath the $78,000 psychological threshold, though he added that current price action remains a “chop fest” unless that floor breaks.

$BTC & $ETH Same but different.

ETH has formed a tighter range while sitting on its ~$2460 support while $BTC has been more volatile and keeps bouncing from its $77.8K support.

All within their respective ranges.

Pretty clear which levels to watch and where the bulls need to… pic.twitter.com/ca9Y72I57g

— Daan Crypto Trades (@DaanCrypto) September 10, 2026

For now, the combination of elevated yields, ETF outflows, and derivatives-driven selling is defining the short-term setup. The main question for traders is whether BTC can continue absorbing macro pressure without losing that nearby support band.

Bitcoin Hyper Gains Attention as Bitcoin Infrastructure Trade Stays Active

While BTC price action remains range-bound, some investors are looking at projects built around expanding Bitcoin’s onchain utility. Bitcoin Hyper (HYPER) is developing a Bitcoin Layer 2 that uses the Solana Virtual Machine for execution while settling back to Bitcoin.

According to the project, users deposit BTC through a canonical bridge, after which a relay program verifies Bitcoin block headers and transaction proofs before minting a corresponding balance on the Layer 2. The network is designed to support faster transfers, staking, swaps, lending, and other applications. Transactions are expected to be batched and committed back to Bitcoin using zero-knowledge proofs, while withdrawals reverse that flow to release BTC on Layer 1.

Easy now. Let Hyper handle this one. ⚡️ pic.twitter.com/MTV0jygc1L

— Bitcoin Hyper (@BTC_Hyper2) September 10, 2026

HYPER functions as the gas, staking, and governance token of the network. Total supply is fixed at 21 billion, a figure that mirrors Bitcoin’s 21 million cap. The allocation is 30% for development, 25% for treasury and community initiatives, 20% for marketing, 15% for rewards, and 10% for listings. The project also says Coinsult and SpyWolf have completed security reviews.

Mainnet launch for the Layer 2, bridge activation, and SVM integration are all scheduled for later in 2026, with developer tooling and major exchange listings for HYPER also on the roadmap.

HYPER Presale Price, Funding Progress, and How to Buy

The HYPER presale price is currently $0.013686. Total funds raised have moved past $33.12 million, putting the sale within reach of the $35 million milestone. Each presale stage lasts three days or until its allocation sells out, and the project says there are no private allocations. Buyers can also stake immediately after purchase for a 35% APY.

Investors who want presale access before exchange listing can go to the official Bitcoin Hyper website, connect a compatible wallet, select an amount, and complete the purchase there. Tokens bought during the presale will be claimable at the token generation event through the same official channel.

HYPER is also available in the Best Wallet crypto app, which can be downloaded via the Apple App Store and Google Play. Supported payment methods include ETH, USDT, USDC, BNB, and SOL, as well as bank card purchases. Staking is available at the point of purchase, with the current APY at 35%, and the token remains priced at $0.013686 until tomorrow.

For project updates, follow Bitcoin Hyper on X and join the official Telegram group.

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