Bitcoin Hits $116K as Fastest Layer-2 Bitcoin Hyper Raises $25M in Presale, Reveals New Developer Updates

Bitcoin has returned to $116K with risk assets firmer amid trade-framework reports and expectations for a 25 bp Fed cut on Oct. 29. Bitcoin Hyper has reached $25M in presale funding and has outlined modular infrastructure—RPC endpoints, node software, and monitoring—for its Layer-2 roadmap in focus.