Why is Hyperliquid's HYPE token price up 23% in one day?
CoinTelegraph·
60-second summary
Hyperliquid's HYPE token price surges 23% in one day, driven by fresh US ETF launches and Coinbase's Hyperliquid deal. Market momentum is strong, but technical indicators signal a possible pullback. The rally suggests growing investor interest in HYPE, potentially positioning it for further growth, but caution is advised as the market remains volatile.
Fresh US ETF launches and Coinbase’s Hyperliquid deal helped fuel HYPE’s rally this week, but technicals warn of a possible pullback.