Hyperliquid’s HYPE Token Surges to All-Time High as ETFs See Sizeable Demand (Decrypt)

Hyperliquid’s HYPE token surged more than 15.3%, climbing to around $62 in one day due to the demand of newly launched Hyperliquid ETFs, attracting $25.5 million worth of inflows, as reported by Decrypt. The strong ETF demand is reportedly outpacing HYPE’s built-in token burn mechanism – helping tighten supply and fuel the rally as institutional interest around Hyperliquid continues to grow.

Bitcoin, ether, XRP rebound as Senate curbs Trump’s Iran war powers (CoinDesk)

Bitcoin rose to around $77,200  after a continual five-day loss while Ether and XRP also posted small gains, as reported by CoinDesk. This comes after the U.S. Senate voted in favor of limiting U.S. President Donald Trump’s war powers related to Iran, reportedly easing the current geopolitical tensions that have been weighing on markets. 

Bitcoin’s long-term holder supply approaches record high, breaking multi-year downtrend (CoinDesk)

Bitcoin long-term holders (LTH) are accumulating again, with the amount of BTC held for at least 155 days rising close to record highs, as reported by CoinDesk. LTH supply has reportedly increased to $16.3 million from $14.12 million in October of last year. This uptrend in LTH supply suggests trust strengthening again among BTC holders after a break in bearish market over the past 2.5 years after the ETF launch in 2024.

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