The HYPE token fell 7% in 24 hours and 15% over the past week, now trading near $58. Major investors Multicoin Capital and Selini Capital withdrew about $150 million worth of HYPE tokens from staking, signaling potential profit-taking and market uncertainty. Despite this, HYPE remains up 129% year-to-date. Technical analysis shows critical support at $54–$55; if broken, the price could drop to $48, but holding this level may lead to a rebound toward $63–$67. Investors are closely watching these levels amid ongoing volatility.
U.S. institutional investors shifted capital into XRP spot ETFs, resulting in daily net inflows of $5.66 million. In contrast, Hyperliquid (HYPE) funds experienced outflows totaling $698,040 during the same period. This shift highlights growing inves...
Bitcoin traded slightly lower at around $65,716 while Ethereum and major altcoins posted modest gains, indicating a rotation of capital rather than broad market enthusiasm. Ethereum rose 0.42% to $1,924, outperforming Bitcoin which dipped 0.30%. Mark...
The staking market saw mixed performance this week as Hyperliquid's staked market cap fell sharply by 12.59%, contrasting with stable gains in Ethereum (+0.77%) and Solana (+0.73%). Despite strong staking participation in networks like Bittensor and ...
Hyperliquid (HYPE) is experiencing its first significant price correction after a strong rally that pushed it near $75-$76. The price has pulled back to test the critical $58 support level, close to the 100-day EMA around $57, which previously acted ...
After a strong market rally, Hyperliquid (HYPE) faces a correction but remains above key support, signaling potential for recovery if it holds above $57-$58. Near Protocol (NEAR) shows resilience, consolidating above major moving averages with a key ...
