The HYPE token from Hyperliquid has fallen 22% from its recent peak of $76.9 to around $66, testing critical support between $50 and $54, which aligns with the 50-day EMA. While spot market selling pressure has eased, open interest in futures has declined, indicating reduced trader engagement. Analyst Altcoin Sherpa sees the $55–$64 range as a good buying opportunity, with a potential rise to $100 later this year, though the outlook depends on Bitcoin's performance. A daily close above $74.60 would signal bullish continuation, while a drop below $53 could mark a bearish shift.
Hyperliquid's HYPE token reached a peak near $77 in June 2026 but faces a challenge balancing a strong buyback program funded by trading fees against a large multi-year token unlock schedule that increases supply. The token could reach $100 if tradin...
Bitcoin and USD Coin experienced significant net outflows totaling around $760 million combined, while Tether (USDT) recorded notable inflows, indicating a rotation of liquidity rather than a full market exit. This shift reflects traders repositionin...
Bitcoin and Ethereum prices fell about 3% amid a shift in trading activity toward stablecoins and derivatives, indicating growing volatility and cautious investor behavior in the crypto market. Bitcoin traded near $60,722 and Ethereum at $1,619, with...
Large holders increased their HYPE token exposure by withdrawing over 375,000 tokens worth $23 million from exchanges into private custody, reducing available supply. This accumulation happened as HYPE traded just above a key $60 support zone, formin...
Bitcoin fell below $60,000 this week due to continued outflows from U.S. spot bitcoin ETFs, a hawkish Federal Reserve, and a stronger U.S. dollar, which made crypto more expensive for foreign buyers. Major cryptocurrencies like ether, XRP, and solana...
