Hyperliuid dips below $70, but institutional demand remains high

Hyperliquid’s native token, HYPE, dropped below $70 on Thursday after delivering an 80% gain in May. The dip comes amid renewed weakness across the broader cryptocurrency market, where Bitcoin (BTC) slipped below $63,000 and sparked a wave of risk-off sentiment among investors. A key catalyst behind HYPE’s recent surge has been rising institutional participation. Newly […] The post Hyperliuid dips below $70, but institutional demand remains high appeared first on CoinJournal.