1g fa
HYPE drops 5% to $27 as staking outflows and weak metrics put $23 level in focus
HYPE, the native token of the Hyperliquid exchange, has fallen about 5% over the past 24 hours to around $27, slipping below short-term support. The project’s TVL has declined from $2.42 billion on October 30 to $1.63 billion, while derivatives open interest has also shrunk, intensifying selling pressure. Analysts say that if the current bearish trend and weak RSI continue, HYPE could revisit the $23 area. They add that a rebound above $29 could open a path toward $36.23.
HYPE
HYPE+7.56%
1g fa
12-4
Bitcoin Holds Above $93,000 as Technical Indicators Signal Potential Push Toward $100,000
Bitcoin trades above $93,000 after a midweek recovery that briefly reached $94,000. Technical indicators show improving momentum, with the Relative Strength Index at 61 and bullish Moving Average Convergence Divergence alignment. Institutional developments, including Vanguard's crypto ETF access and Bank of America's 1–4% allocation guidance, could channel up to $700 billion in new liquidity into digital assets, according to Nic Puckrin of The Coin Bureau.
BTC
BTC+2.30%
12-4
12-1
Bitcoin Falls Below $86,000 Amid BOJ Rate Signals and Yearn Finance Breach
Bitcoin dropped over 5% in 24 hours to fall below $86,000 on December 1, 2025, briefly touching $85,000 before recovering slightly. The selloff was triggered by Bank of Japan Governor Kazuo Ueda's comments on potential interest rate hikes and a security breach at Yearn Finance protocol. The decline erased approximately $140 billion from total cryptocurrency market capitalization, with leveraged position liquidations reaching $500 million, data show.
BTC
BTC+2.30%
12-1