Hyperliquid (HYPE) Prints Growth Amid Panic, Stellar (XLM) Avoids Sell-Off, Bitcoin (BTC) Losses Are Not Critical: Crypto Market Review

Despite the market downturn, Hyperliquid is relatively stable; the asset gained around 7% to its value and might print a larger increase even sooner than anticipated. Volume also shows an uptick, so expecting a recovery continuation is possible. The main reason is the oversold state of the asset prior to the enormous drop on the market. Plus, the crash we've witnessed has little to do with altcoins and DeFi, it's mostly tied to de-risking that was triggered by the sell-off in AI sector . HYPE is trading at $73.99 after bouncing from $69.83 earlier today. The low came close to the 200 EMA (black line on the chart), which coincides with the $68 price level.

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