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Bitcoin has done it again – reaching an all-time high (ATH) of $123,000 after breaking through the $120,000 barrier. According to the data from CoinMarketCap, BTC has surged over 12% in the past seven days, driving its market cap above $2.44 trillion.
Exactly 12 months ago, the biggest cryptocurrency traded at $59,230, meaning it doubled in price over the period. Bitcoin reached above $100,000 for the first time in December 2024 and has since been consolidating around the $100,000-$110,000 range. With this breakout, it has entered uncharted territory.
Image Courtesy: CoinMarketCap
This bullish rally has been backed by fundamental growth in Bitcoin, like strong ETF inflows, major institutional adoptions, and changes in the regulatory environment. But this is just the start, as many analysts believe BTC’s rally has much further to run.
Bitcoin Price Could Hit $200,000, Say Analysts
In a recent interview, Matt Hogan, CEO of Bitwise, predicted that Bitcoin could close near the $200,000 mark by the end of the year. “So I would get used to this story of new all-time highs,” he added.
NEW: Bitwise CIO Matt Hougan says institutional demand is “unrelenting.”
“ETFs bought 10,000 BTC yesterday. The network only produces 450 per day. This is a one-time event and it’s going to drive Bitcoin much higher.”
He sees $200K as possible this year. pic.twitter.com/uwFQgTFmzb
— Bitcoin News (@BitcoinNewsCom) July 13, 2025
Another Bitcoin price prediction from Gerry O’Shea, head of global market insights at Hashdex, stated, “While the macro environment will continue to remain uncertain, we believe the bull market is far from over and new catalysts, including more institutional platforms allowing access to bitcoin, may help drive the price of BTC to $140,000 or higher this year.”
Ric Edelman, American investor and author, who correctly predicted last year’s institutional flow in Bitcoin, thinks that the crypto market is approaching the beginning of its biggest bull cycle. Comparing other major predictions, Edelman says his conservative target for Bitcoin remains at $500,000 by 2030
At the press time, Bitcoin is trading at $120,812. A rise above $200,000 would mean an upside potential of over 65%. In this climate of exploding demand, other cryptos follow Bitcoin’s lead. Expert investors know that real money is made in Bitcoin proxy plays like Bitcoin Hyper (HYPER), which is currently trading in its early stages with enormous potential, making it the best crypto to buy now.
Bitcoin Hyper (HYPER): Secure and Stable Bitcoin L2 Ecosystem
Bitcoin, being the largest and most trusted blockchain, suffers from a lack of speed and scalability due to its design not being suited for the enormous demand in crypto today. Bitcoin Hyper is a layer-2 solution that is finally breaking these technical limitations with its high-performance and low-latency infrastructure.
The current Bitcoin architecture caps the throughput at seven transactions per second, which has been limiting its global adoption. Bitcoin Hyper utilizes an L2 virtual machine to increase the transaction throughput and facilitate low-cost settlement on Bitcoin L1 without network congestion.
Bitcoin Hyper also enables smart contracts and decentralized applications with its Solana Virtual Machine (SVM) integration, bringing Solana-like performance and developer experience to Bitcoin. At the heart of the Bitcoin Hyper ecosystem, a decentralized bridge links directly to the Bitcoin network. This is a non-custodial bridge in which users can deposit BTC and mint equivalent tokens to use in Bitcoin Hyper’s ecosystem.
The HYPER token is the native token that allows users to pay gas fees, enables smart contract execution, and dApp interactions. Token holders can also stake Hyper for consistent yields of up to 5000% APY and use it for access to premium services.
HYPER is available for purchase on the official Bitcoin Hyper presale website. The total supply is 21 billion, and the current stage price is $0.01225 per token. Each presale stage lasts 3 days, and the price rises periodically with each stage offering a significant return on investment.
The token’s price is driven by demand, which is expected to rise exponentially as developers need it to operate within the ecosystem. When the price surges to significantly higher levels, presale investors and early holders will be able to sell for a substantial profit.
The Bitcoin Hyper presale window is narrow, and the opportunity is massive for early movers. To buy the HYPER token, visit its official website.
