The price of Bitcoin has risen above $115,000. Here are the main reasons

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The cryptocurrency market started the week on a positive note. Bitcoin’s price reached its highest level in the past two weeks and is currently trading above $115,000. Many other altcoins are following a similar trend. Ethereum, XRP, and Solana have gained more than 2-4% in the past 24 hours, with an overall increase of over 4-6% for the week. In this article, we provide an overview of the main factors that could have a significant impact on cryptocurrencies in the coming days. There’s also a tip for a new token with high growth potential.

Explore the new token with potential

The US Fed will cut interest rates by 0.25% on Wednesday

BTC price rose by 4.23% over the past 7 days, and in the past 24 hours alone it gained another 2.63%. It is currently trading at $115,431, with daily volumes up over 136%.

Other leading cryptocurrencies also performed well. The largest altcoin, Ethereum, jumped 3.73% during the week, XRP’s price rose by 6.73%, and Solana gained 4.83%.

Source: coinmarketcap.com

The main reason for the positive market development is a report from the US Bureau of Labor Statistics (BLS), which on Friday released encouraging consumer inflation data.

According to the BLS report, in September the overall Consumer Price Index (CPI) increased from August’s 2.9% to 3.0%. This figure is lower than originally expected (estimate 3.1%). Core inflation, which excludes volatile food and energy prices, fell from 3.1% to 3.0%.

These numbers indicate that the Federal Reserve (Fed) will cut interest rates by 0.25% this Wednesday. According to current data on the Polymarket platform, the probability of this decision has risen to 98%. This estimate is also confirmed by the CME Fed Futures tool. Falling inflation and lower interest rates lead to a more relaxed monetary policy, creating suitable conditions for further growth of digital assets.

US-China trade deal fueled weekend rally

The growth of cryptocurrencies accelerated over the weekend after the US and China announced the signing of a framework trade deal on October 26. Treasury Secretary Scott Bessent stated that negotiators reached a “very substantial framework” that will prevent 100% tariffs from the US and simultaneously halt Chinese regulation of rare metal exports.

The deal triggered an immediate reaction in the financial markets. Investors began moving some capital from more stable assets like gold toward more dynamic markets. Analyst Ash Crypto pointed out the decline in gold prices and compared it to the upward trend of Bitcoin in his latest post on platform X. According to his latest forecast, Bitcoin’s price could fluctuate between $150,000 and $180,000 by the end of 2025.

Bitcoin tests the $120,000 mark

According to technical analysis, Bitcoin has been rising for the fifth consecutive day. After a Sunday gain of 2.6%, it broke above the 50-day EMA and added another 1% on Monday, reaching a two-week high of $115,647.

This breakout confirmed the move above the 23.6% Fibonacci retracement and opened the way for retesting the $120,000 level. If Bitcoin breaks through this barrier, it could target $123,000 and then $126,000, corresponding to historical highs from August 1 and October 5.

Source: tradingview.com

According to CoinGlass data, liquidations of short positions on the derivatives market totaled approximately $319 million in the past 24 hours. This indicates that traders expecting a price drop were squeezed out due to the accelerated rally. Trading volume increased by more than 318% compared to the average when Bitcoin broke through the $112,000 level. This surge confirms strong real investor demand, not just moves caused by low liquidity.

The current growth period may present an extremely favorable environment for new cryptocurrencies entering the market. If you are considering expanding your portfolio with a promising digital asset, the Bitcoin Hyper project combines the fastest Layer 2 technologies, the viral potential of meme culture, and dynamic staking for HYPER token holders.

The new Bitcoin Hyper Layer 2 brings BTC to state-of-the-art DeFi systems

The Bitcoin Hyper project offers an extension of the Bitcoin network with a new Layer 2 rollup protocol that combines SVM (Solana Virtual Machine) and its own canonical bridge.

This new scalable solution leverages Bitcoin’s robust security, delivers significantly higher transaction speeds (up to 65,000/second), and full support for smart contracts. The Bitcoin infrastructure thus expands to include the most advanced dApps, new payment systems, gaming solutions, and trading at much lower costs.

Source: bitcoinhyper.com

The main unit of the ecosystem is the native HYPER token. Holders can use it as:

• a payment currency within the network
• a source of passive income through staking (current APY rewards are 47%)
• a voting right within the DAO organization
• an investment instrument with 100x growth potential

Based on the progress of the presale so far and growing whale interest in the HYPER token, this is one of the top presales of the last quarter of 2025. Investors have contributed $HYPER more than $25 million, nearly half of which has been locked into the staking pool. The token is currently available on the presale homepage for $0.013175. Users of the multichain Best Wallet can also find it as one of the top presales in the “Upcoming Tokens” section directly in the Best Wallet mobile app.

Given the growing activity in Layer 2 solutions and the unmatched transaction speed of the new rollup protocol, the Bitcoin Hyper project is gaining a significant market advantage. The creators have also adopted a dynamic marketing approach that leverages the viral potential of internet memes.

This has helped build a recognizable brand with an active community, combining humor, creativity, and dynamic interaction on social media. This strategic move is part of the goal to achieve the fastest possible adoption and increase awareness of the new Hyper layer, which provides real value for the world’s oldest cryptocurrency.

Take advantage of the HYPER token presale

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