Bitcoin Explodes Past $122,000: Will BTC Hit $130,000 Before September?

Bullish momentum is rippling through the Web3 space, as Bitcoin (BTC) briefly surpassed $122,000 to trade near its lifetime high. BTC’s latest bull run has helped investor sentiment to firmly enter into the “greed” category on the Crypto Fear and Greed Index.

Bitcoin’s recent surge follows a streak of fresh capital inflows and steady on-chain growth. For example, US spot-ETF products registered a net inflow of about $404 million on August 8, while corporations continue to add BTC to their treasuries. At the same time, mining firms recently set new records for both hashrate and daily revenue, indicating that Bitcoin’s economic engine remains robust.

Most altcoins are also in the green over the past week, lifting the total crypto market value above $4 trillion. With bullish expectations surrounding the publication of US inflation data due on Tuesday, many investors now anticipate that Bitcoin could soon surpass its prior all-time high.

After a short pullback for BTC over the last couple of hours, capital is now spilling over to Bitcoin Hyper (HYPER), a new Layer-2 upgrade that will unlock cheaper and faster transactions for the Bitcoin blockchain. Hyper’s tech could be transformative for Bitcoin and deliver life-changing returns for early supporters if the oldest cryptocurrency resumes its rise.

You can still buy HYPER tokens at a discounted price of $0.012625 per coin before the price increases in less than 24 hours.

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Investors Turn Bullish on Bitcoin as Corporate Treasuries Scoop up 5,000 BTC in a Week

Corporate demand for Bitcoin has shifted from mere curiosity to full-blown accumulation, as finance chiefs rush to secure coins before the next rally.

Crypto commentator NLNico reports that the first full week of August (4–10) was a busy one for corporate Bitcoin treasuries, with roughly 5,000 BTC flowing into public balance sheets. Six fresh treasuries went live, immediately parking about 1,040 BTC on their books, while 24 existing holders quietly topped up another 3,923 BTC.

Looking ahead, eight companies have already signaled plans to launch new treasuries worth an estimated $145 million. Moreover, seven current holders have disclosed intentions to continue buying, potentially adding many millions more. NLNico also flagged eight other filings that tweak or clarify existing Bitcoin strategies, showing that boardrooms are leaning even harder into the digital gold thesis.

This steady wave of corporate buying is tightening the tradable supply on exchanges, creating the kind of pressure that often precedes sharp price moves. With fewer coins floating around, any surge in demand could push Bitcoin out of its current range faster than many expect.

Popular investor Mike Alfred says Bitcoin’s price action resembles a “coiled cobra” trapped in a narrow trading range just under $123,000.

If Bitcoin breaks above the $123,000 level, Alfred expects a run toward $130,000 within just a few days and a possible surge to $146,000 in around two weeks.

With a slight correction to just below $120,000, that breakout scenario is now postponed to the next move. Meanwhile, capital is already shifting toward high-beta plays built around Bitcoin. A standout project among them is the brand-new Layer 2 solution called Bitcoin Hyper.

Bitcoin Hyper Presale Raises $8 Million as Whales Bet Big

Smart money is already placing huge bets on Bitcoin Hyper’s growth. For instance, one crypto whale recently stockpiled 7.7 million HYPER, helping the presale surge past $8.3 million.

With deep-pocketed players showing their intentions, many retail traders are now wondering what makes this network different and whether it can genuinely scale Bitcoin for everyday DeFi.

Bitcoin Hyper is a new Layer 2 solution that will combine Solana-style speed with Bitcoin’s security. The technology is built on independent smart contracts that will lock BTC in a bridge account and mint a wrapped version of it to be transferred across the L2 network in seconds.

Every wrapped coin will remain 1-for-1 backed by the BTC in the bridge, ensuring security is preserved while Bitcoin’s programmability expands. In fact, devs can deploy familiar Solana smart contracts on Hyper’s network, but final settlement will still be anchored to Bitcoin.

At the heart of this L2 network is the HYPER token. While wrapped BTC moves value inside dApps, the HYPER token will be used to pay the fees that keep the network running. The token’s utility will span transaction gas, smart contract execution, validator rewards, and even on-chain governance votes.

Moreover, staking HYPER will also help you earn a passive yield of up to 130% annually. Early investor support and trust in the project are quite evident, with more than 403 million HYPER tokens already staked on the portal.

Considering this utility, a crypto analyst from the 99Bitcoins channel believes the HYPER token could be the next meme coin to explode.

Buyers can visit Bitcoin Hyper’s official website to buy HYPER tokens before the presale ends using a variety of cryptocurrencies, including ETH, SOL, USDT, and USDC, as well as bank cards.

Early traction suggests that investors believe Hyper’s L2 can capitalize on Bitcoin’s momentum to generate the kind of legendary returns that early backers dream about.

Visit Bitcoin Hyper Presale

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods, or services mentioned.