Hype slides as Ethereum soars and Hyperliquid hits $19B – can it rebound?

$HYPE has declined by 3.3% in the last 24 hours and 1.1% weekly, currently trading at $45.13, down 8.5% from its high. Despite this, trading volume surged to over $570 million.

Ethereum’s price increase reinforces its dominance, affecting altcoins like $HYPE. Institutional investments are also on the rise, as companies like Eyenovia establish dedicated HYPE treasury reserves with significant capital.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts