$HYPE (Hyperliquid’s native token)
• HYPE has been a stand-out this week, surging ~50%, strongly outperforming Bitcoin and Ethereum amid higher trading activity and broader token interest. �
• Despite broader market selloffs affecting most assets, HYPE has shown resilience and upside momentum. �
• Some analysts are now naming HYPE among altcoins that could outperform BTC and ETH in February. �
CoinDesk
Bitget
CCN.com
📉 Bitcoin ($BTC )
• The broader crypto market has experienced selloffs, driving pressure on BTC’s price action. �
• Bitcoin traders are watching key technical and macro signals as institutional flows and liquidations continue to impact sentiment. �
Bitget
CCN.com
📊 Ethereum ($ETH )
• Ether has also felt selling pressure alongside BTC but remains a central focus due to strong network activity and staking interest. �
• Analysts highlight ETH as a core market barometer with its own catalysts even amid volatility. �
Bitget
CCN.com
Market Context: Recent crypto selloffs have impacted major assets, but HYPE’s recent outperformance is drawing attention. Traders are balancing interest between traditional store-of-value narratives (BTC), network utility (ETH), and high-beta altcoins like HYPE. �
CoinDesk +1
Bitcoin (BTC): ~$78,270 USD
Ethereum (ETH): ~$2,435 USD
HYPE (Hyperliquid): ~$31.90 USD