Hyperliquid jumps 18% to new high as bitcoin adds 5%
- —HYPE rose 18% and hit a new all-time high
- —Bitcoin gained about 5% over the same period
- —The divergence is linked to capital inflows into the Hyperliquid ecosystem
Why it matters: HYPE's strength against bitcoin's moderate gain points to capital rotation into DeFi tokens and heightened demand for the Hyperliquid ecosystem.
Source: Google News (crypto query)