Bitcoin’s back on the up, bouncing near $117K after the US President Donald Trump gave crypto lovers something to cheer about: the appointment of Stephen Miran to the Federal Reserve Board.
Miran, a former Treasury official and vocal Bitcoin supporter, is expected to push for looser monetary policy, including fewer rate hikes and a more growth-friendly economic stance.
This could be great news for $BTC. As the #1 crypto with a hefty $2.32T market cap, it tends to perform well when inflation rises and the dollar loses strength.
But as $BTC gains more attention, the same old issues often resurface. The Bitcoin network still struggles with slow speeds and costly fees, especially during periods of peak demand.
Fortunately, Bitcoin Hyper – a Bitcoin Layer 2 solution – is getting set to launch this quarter to help address such woes.
Miran Joins Fed, Boosts Crypto Market Outlook
In a Truth Social post yesterday, Trump announced that Miran, the current Chairman of the Council of Economic Advisors, would fill the recently vacated Fed seat until January 31, 2026.
Interestingly, before his appointment, Miran questioned the accuracy of current inflation models and hinted at a more cautious approach to rate hikes – an outlook that could favor $BTC.
With Miran now serving on the Fed Board, the crypto market has perked up. Since the news broke, $BTC has spiked by around 3%, from a $114K low to a $117.5K – though it has since stabilized to $117K.
Bitcoin ETFs are also on the rise, with all top 10 funds in the green. ProShares’ BITO, the only futures ETF in the top 10, posted the highest turnover rate at 9.31%.
This signals that long-term investors and active traders are re-entering the market as $BTC shows renewed strength.
But while $BTC’s price hike is promising, the network on which it’s held still faces scalability issues. This makes Bitcoin Hyper’s upcoming launch all the more important.
Bitcoin Hyper to Solve Bitcoin’s Biggest Issues This Quarter
Once launched this quarter, Bitcoin Hyper promises to make Bitcoin more scalable, faster, and cost-friendly – all without compromising the Layer 1 version’s security or core principles.
As $BTC adoption grows, the network often becomes congested. Fees spike and transactions slow down, especially during bull runs. Bitcoin Hyper is under development to fix precisely this.
For instance, during the April 2024 halving event, fees on the Bitcoin network spiked above $128. This was also partly due to the launch of the Runes protocol, causing a sharp increase in transaction demand.
But with Bitcoin Hyper, instead of every transaction competing for space on the base layer, it batches transactions off-chain and settles them efficiently.
By doing so, it can facilitate lower fees, faster transactions, and more practical real-world use for DeFi protocols and dApps built on Bitcoin.
Bitcoin Hyper aims to achieve this by leveraging the Solana Virtual Machine (SVM), which brings smart contract capabilities to the Bitcoin ecosystem.
A Canonical Bridge is also at the core of the Layer 2’s infrastructure. Once a transaction is verified through an SVM smart contract, the system mints an equivalent wrapped $BTC on the Layer 2. This wrapped $BTC can then be used across DeFi platforms.
If you want to retrieve your Bitcoins, fear not. The bridge will validate the Layer 2 activity and securely release the original $BTC back to the base layer.
Moreover, to ensure security while scaling, Bitcoin Hyper uses Zero-Knowledge Proofs (ZKPs). This allows for fast, trustless transaction verification with minimal impact on Bitcoin’s main chain.
To get the most out of the ecosystem, you’ll want to purchase $HYPER. As the project’s native currency, it grants access to lower gas fees, governance rights, and staking rewards up to a 139% APY.
It’s no wonder $HYPER has already attracted over $7.7M since its presale launch on May 16, 2025.
Verdict – Bitcoin Hyper to Gear Up at the Right Time
Miran joining the Federal Reserve Board signals a shift toward looser policy, a setup that often benefits $BTC.
While this is excellent news for the crypto leader and thus the entire market as a whole, the Bitcoin network will likely struggle to keep up with the surge in demand.
Good thing Bitcoin Hyper is getting set to launch shortly. To get the most out of the ecosystem, you can purchase $HYPER on presale for just $0.012575.
Once the Layer 2 launches its mainnet, it’s anticipated to reach $0.32, making now a prime time to join for possible gains surpassing 2,445%.
This isn’t investment advice. Always do your due diligence and never invest more than you’d be sad to lose.