Hyperliquid’s HYPE token gained 60% as a sharp uptick in staking and open interest occurred, but other DEX-related fundamentals raise questions on how long the rally can last.
Bitcoin retreated from intraday highs after the US Fed left interest rates unchanged, but futures market data suggests traders may attempt to seize the short liquidity in BTC’s $93,500 range.
Bitcoin rallied above $90,000 as the US dollar index weakened, gold hit new highs and traders positioned ahead of Wednesday's FOMC. Will a rate cut or pause extend the BTC, altcoin rally?