Hyperliquid's HYPE Token Shows Resilience as Crypto Market Crash Deepens
Hyperliquid’s HYPE token has lost roughly a quarter of its value since its peak. Yet amid the latest crypto market crash, it is holding up better than Bitcoin and Ethereum. Its derivatives market offers one possible explanation. HYPE traded near $73 on Friday, down approximately 7% over seven days. Bitcoin lost more…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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