HYPE rebounds near $82 as Ripple Prime expands institutional access to Hyperliquid markets

Key takeaways HYPE recovered to $81.88 after falling to approximately $77.59 following hotter-than-expected US producer inflation. Ripple Prime introduced institutional RWA perpetual swaps referencing more than 100 Trade.xyz markets on Hyperliquid. HYPE faces resistance at $83.10, while support lies around $76.30–$ 75.70. HYPE recovers after inflation-driven selloff Hyperliquid’s HYPE token rebounded toward $82 on Friday, recovering from an intraday decline as new institutional trading initiatives drew attention to the platform. HYPE traded at approximately $81.88 at the time of this report, up 0.8% over the previous 24 hours. Earlier, the token fell to around $77.59 after a stronger-than-expected US inflation reading. September’s Producer Price Index rose 6.3% year over year, exceeding expectations of 5.3%. The surprise renewed concerns about the Federal Reserve’s interest rate outlook and weighed on risk-sensitive assets.

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