Geopolitical tensions have a way of unsettling investors, and the latest comments from Washington did just that for risk assets on the day. With the total cryptocurrency market capitalization falling 1.6% over the past 24 hours to about $2.19 trillion, Bitcoin slipping 1.7% as it tried to hold near $64,000, and Ethereum dropping more than 2.4%, traders are looking for the best crypto to buy during the pullback.

President Trump's latest statements on the Iran conflict, including claims of full US naval control over the Strait of Hormuz and new demands for financial reparations from Iran, pushed oil prices higher and added caution to risk markets. The Strait of Hormuz is one of the world's most critical energy chokepoints, with roughly a fifth of global oil consumption transiting it daily, which is why disruptions there have historically reverberated across asset classes. The US-Iran standoff continues to raise questions about energy supply, and crypto has not been immune to the resulting volatility.

At the same time, a small number of early-stage projects have continued to attract large-scale capital. One of the standouts is Bitcoin Hyper (HYPER), a Bitcoin Layer 2 project whose presale has now raised more than $33 million. That performance, together with its focus on faster and cheaper Bitcoin transactions, has put HYPER in the spotlight for investors looking beyond the current market turbulence.

Crypto Markets React to Hormuz Tensions

Bitcoin has fallen 1.7% over the past 24 hours to hover near the $64,000 level, while Ethereum has declined more sharply, losing 2.4% to trade around $1,870. Solana is down 1.4%, XRP has dropped 2.8%, and the overall crypto market cap has contracted by 1.6%. Liquidations jumped 128% to nearly $197 million, indicating forced selling, while the Crypto Fear and Greed Index reading of 37 shows sentiment remains fearful and fragile.

President Trump said US forces now have complete control of the Strait of Hormuz after clearing mines, while also demanding compensation from Iran. The remarks helped push oil higher and signaled that the energy disruption remains unresolved. Iranian officials have continued to insist on the lifting of the US naval blockade, along with other conditions, before any full reopening would take place. The standoff has kept energy markets elevated and spilled over into crypto trading.

Some market participants are watching the $64,000 level as an important short-term reference for Bitcoin. Analyst Daan Crypto highlighted key moving averages as possible targets.

$BTC Closed slightly below the 4H 200MA/EMA but stalling here. Today should make it clear where this is headed. $64K area is the main pivot level with a lot of confluence around here. Quite a few alts still looking decent & strong so that's where my focus is primarily. CPI… pic.twitter.com/fjGDbiIoqu — Daan Crypto Trades (@DaanCrypto) August 11, 2026

$BTC Closed slightly below the 4H 200MA/EMA but stalling here. Today should make it clear where this is headed. $64K area is the main pivot level with a lot of confluence around here. Quite a few alts still looking decent & strong so that's where my focus is primarily. CPI… pic.twitter.com/fjGDbiIoqu

— Daan Crypto Trades (@DaanCrypto) August 11, 2026

That outlook is shared by Bitcoin bulls and has kept capital flowing toward projects that aim to expand Bitcoin's practical use cases. As a result, early-stage infrastructure tokens with clear utility have continued to draw attention despite the geopolitical backdrop and softer prices for major coins.

Bitcoin Hyper Presale Gains Momentum

Bitcoin Hyper (HYPER) is a Layer 2 network designed to bring high-speed execution and smart-contract capability to Bitcoin while anchoring security back to the base layer. The project uses the Solana Virtual Machine for fast, low-cost transactions and supports DeFi, staking, payments, and applications that Bitcoin's native throughput cannot easily handle. A canonical bridge is intended to let users move BTC between the original Layer 1 and the new Layer 2 network in a non-custodial way, with state commitments periodically settled on Bitcoin itself for added integrity. Bitcoin's base layer processes roughly seven transactions per second, a limitation that has driven growing interest in Layer 2 scaling approaches such as Lightning, Stacks, and rollup-style architectures.

Well, well… Looks like art gets better when its a little $HYPER . pic.twitter.com/tHluyiARvP — Bitcoin Hyper (@BTC_Hyper2) August 10, 2026

Well, well… Looks like art gets better when its a little $HYPER . pic.twitter.com/tHluyiARvP

— Bitcoin Hyper (@BTC_Hyper2) August 10, 2026

The native HYPER token has a fixed supply of 21 billion, with allocations for development, treasury, marketing, rewards, and listings. Holders will be able to use it for gas fees, staking, governance once the L2's DAO phase begins, and access to ecosystem features.

The public HYPER presale has moved through successive stages with rising prices and has already raised more than $33 million. Staking is available during the sale, with rewards based on a 35% APY rate. The project's roadmap points to a mainnet launch later in 2026, followed by broader ecosystem tools and decentralization steps.

Bitcoin Hyper's emphasis on Bitcoin-native security and high-throughput execution has helped the presale maintain steady inflows even as broader market values fluctuate.

HYPER Presale Price and Staking Terms

The current HYPER presale price is $0.0136845, and the fundraising total has now exceeded $33 million. Participants can buy and stake in a single step, locking in the 35% APY staking rewards available at this stage. The token's fixed supply and the presale's public-only structure have supported consistent demand from a broad base of buyers.

As the broader crypto market processes the latest geopolitical headlines and oil-driven caution, projects that expand Bitcoin's practical use cases have continued to attract capital. Bitcoin Hyper's progress toward its fundraising target has kept HYPER in focus as a project tied to scalable Bitcoin applications.