Bitunix

HYPE token holds up better than Bitcoin and Ethereum as crypto market falls

HYPE traded near $73 on Friday, down about 7% over seven days, compared with a fall of more than 9% for Bitcoin and nearly 14% for Ethereum. Bitunix◼ research found HYPE's open interest on Hyperliquid◆ fell about 12%, from $1.21 billion to $1.07 billion, while Ethereum's fell more than 52% on the same platform. US spot Bitcoin ETFs recorded $284.1 million in outflows on November 12, their sixth consecutive negative session.