HYPE Taps New All

Following the Friday price slip and 关键字3the calm weekend, bitcoin’s price has recovered to roughly $110,000 after US President Trump paused the tariffs against the EU, which were supposed to start from June 1.

The altcoins have turned green as well, and HYPE continues to lead the larger caps following yet another new all-time high at almost $40 today.

BTC Bounces to $110K

The primary cryptocurrency went through some volatile periods at the beginning of the previous business week when it challenged the $107,000 region on a couple of occasions but was stopped on Sunday and Monday. However, the bulls managed to penetrate that level on Wednesday when they actually pushed the asset above $109,100 to mark a new all-time high at almost $110,000.

After another violent but brief rejection, BTC skyrocketed once again on Thursday (Pizza Day) and tapped $112,000 to chart its latest all-time high.

It stood close to that level for the next 24 hours but Friday’s statement by the POTUS, in which he recommended new tariffs against the EU, caused an immediate shock in the market that drove BTC south to under $107,500.

Alicia BakeryCMO - A really good agency

Did you like this market update?
This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

Invalid email address Your privacy is guranteed.Thanks for subscribing, you will get your first report in the next hours!

It remained around that level for most of the weekend, but Trump paused the tariffs for at least another month, which sent bitcoin higher again. During today’s Asian trading session, the cryptocurrency jumped to and slightly above $110,000 and sits close to that line now.

Its market cap has recovered to $2.180 trillion on CG, while its dominance over the alts stands tall at 61.1%.

HYPE’s Show Continues

Not even an exploit against the project’s official X account can deter HYPE’s one-way trip north as of late. The asset continues to pass through obstacles and chart fresh peaks, with the latest coming earlier today at almost $40. HYPE is up by more than 12% in the past day, even though it has retraced slightly since that ATH.

On a daily scale, HYPE has been outperformed only by JUP, VIRTUAL, and FET. Other notable gainers from the larger-cap alts include AVAX, ADA, UNI, TAO, APT, ICP, ETH, SOL, and DOGE.

The total crypto market cap has regained almost $80 billion since yesterday and is above $3.570 trillion on CG.

SPECIAL OFFER (Sponsored)Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!


Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

本文地址：http://n.vxpvqm.cn/news/09c7899912.html