Hyperliquid Sees Records: HYPE Coin Reaches All-Time High Amid Bitcoin Surge

The cryptocurrency market is experiencing a significant surge, with Hyperliquid’s main network asset, HYPE coin, surpassing $35 to reach an all-time high of $37.44. This rise is attributed to increased Bitcoin trading activity, pushing open interest on the platform to new heights. Open interest volume surged past $9.2 billion, setting a record and highlighting growing interest in futures trading.