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Bitcoin Nears New ATH as Bulls Roar and BlackRock’s IBIT Soars – Bitcoin Hyper Next?

  • Bitcoin is facing resistance around the $109K mark, but signs point to an imminent breakout towards a new all-time high.
  • Despite whale activity and a dormant wallet movement causing uncertainty, bullish sentiment remains strong with institutional investors holding a significant portion of Bitcoin.
  • BlackRock's IBIT, a Bitcoin ETF, has seen rapid success, surpassing its S&P 500 ETF in annual revenue within days of launch.
  • Bitcoin Hyper ($HYPER) aims to overcome Bitcoin's limitations by creating a Layer 2 solution with high-speed transactions, low fees, and smart contracts.

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