The cryptocurrency market is currently grappling with considerable volatility, prominently featuring Bitcoin's recent price movements. After reaching an impressive all-time high of $126,000 in early October, Bitcoin has since had a 'rough month,' sinking below the $90,000 mark. This 'sharp correction' has led to a period described as one of the 'largest bloodbaths ever' in the market, causing concern among investors.

However, amidst this climate of 'market fear,' a significant counter-trend is emerging: unprecedented institutional accumulation. 'Bitcoin Buyers Step In,' as new institutional players, including traditional finance funds and Bitcoin ETFs, are actively entering the market. This represents a 'major institutional rotation,' where long-term Bitcoin holders are reportedly selling, but their positions are being absorbed by these powerful new entrants. This 'renewed buying pressure' and 'strong new liquidity' are seen as factors making the 'old cycle theory' obsolete, suggesting a fundamental shift in market dynamics.

This surge in institutional interest is not only stabilizing the market but also fueling a 'scalability arms race.' Institutions buying Bitcoin are driving a profound demand for a faster Bitcoin execution layer. While Bitcoin 'remains the most valuable cryptocurrency,' its 'notoriously slow and expensive' transaction speeds are increasingly highlighted. Consequently, Layer-2 projects, such as Bitcoin Hyper (an SVM Layer-2), are rapidly developing to 'solve this' crucial scalability challenge, aiming to enhance transaction efficiency and reduce costs, thus catering to the growing demands of a more institutionalized market.