HYPE token holds up better than Bitcoin and Ethereum as crypto market falls
MARKETSHyperliquidcoinbrief/daily · 1 source
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What happened
The crypto market has been falling, with Bitcoin dropping below $70,000 on Friday. Hyperliquid's HYPE token has fallen less than Bitcoin and Ethereum over the past week, which some analysts link to traders keeping their positions open.
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What to do
- Watch whether HYPE holds the $70 level and the 200-day moving average near $68.60.
- Monitor US spot Bitcoin ETF flows, which have been negative for six consecutive sessions.
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Who reported · 1 outlet
BeInCrypto
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