Business & Economy · 3 views
Bitcoin soars to nearly $80,000—but crypto’s new favorite coin, Hyperliquid, is stealing its thunder
Bitcoin rose above $78,200 on Friday, its highest level since May.
AI Summary
Bitcoin rose above $78,200 on Friday, its highest level since May. At the same time, Hyperliquid, a decentralized perpetual futures exchange, saw its HYPE token jump over 195% year‑to‑date, reaching a record $75, according to CoinGecko. Research analyst Ish Asad of Bitwise Investments said the surge in Hyperliquid is attracting market interest that might otherwise have gone to Bitcoin.
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