Bitcoin Holds Above $79K as Oil Rises on Hormuz Tensions; Bitcoin Hyper Presale Reaches $32.6M

Bitcoin remained hyper above $79,000 on Friday, 8 May 2026, even as fresh military exchanges between the U.S. and Iran in the Strait of Hormuz pushed oil prices higher and renewed focus on geopolitical risk. The divergence has reinforced the view among some market participants that BTC is holding up better than traditional assets tied more directly to energy and trade disruption.

That backdrop has also kept attention on Bitcoin-linked infrastructure plays. Among them, the Bitcoin Hyper (HYPER) presale continues to gather funds, with the project reporting more than $32.6 million raised as it pitches itself as a Bitcoin Layer 2 built to combine Bitcoin security with Solana-style throughput.

Yesterday’s exchanges of fire between U.S. and Iranian forces in the Strait of Hormuz tested the ceasefire in place since April 7. Reports described missiles, drones, and small-boat activity in one of the world’s most important shipping corridors. President Trump characterized the incident as minor and said the truce remains intact, but crude oil still reacted: WTI rose to $95.64, up 0.69%, while Brent climbed to $101.26, up 1.2%.

Bitcoin, by contrast, did not see a comparable breakdown. Its ability to hold firm despite the escalation has added to the argument that the asset is increasingly being treated as a store of value during periods of macro stress.

On-chain analyst CW said Bitcoin whales are accumulating futures exposure and absorbing retail selling pressure, a pattern that points to continued confidence in the broader BTC trend even as geopolitical headlines intensify.

Bitcoins Bitcoin Hyper Draws Whale Interest as Team Highlights Product Progress

Bitcoin Hyper (HYPER) is positioning itself as what its developers describe as the first true Layer 2 network on Bitcoin, designed to address the chain’s longstanding limits around speed and transaction costs. The project says it uses zero-knowledge proofs and a canonical bridge to preserve Bitcoin-level security, while integrating the Solana Virtual Machine to support near-real-time transactions and a broader application layer that includes staking, decentralized finance, payments, and meme coin activity.

The token presale has now raised more than $32.6 million, according to the team, with HYPER priced at $0.0136797. Buyers can also stake immediately for a listed 36% APY.

The project has recently pointed to technical milestones as part of its pitch to investors, saying its wallet, explorer, staking dashboard, and cross-network bridge are fully integrated and operational.

Recent inflows have included a single $13,680 purchase from a whale wallet, adding to the perception that larger buyers are taking positions as the presale advances.

Bitcoins Presale Terms, Payment Options and Next Price Step

Investors can access the sale through the official Bitcoin Hyper website or via the Best Wallet app, available on the Apple App Store and Google Play.

The project says users can buy with ETH, SOL, USDC, USDT and BNB, or by bank card. Tokens purchased in the presale can be staked immediately for the current 36% APY, while the token price remains $0.0136797 ahead of an expected increase later today.

For updates, users can follow Bitcoin Hyper on X or join the project’s Telegram channel.

Visit Bitcoin Hyper.

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