HYPE leads crypto rebound as traders position for volatility breakout
Key takeaways
- While Hyperliquid (HYPE) rose for a fifth straight day, adding 6.5% to notch a 53% gain over the past week, privacy coins gave back a portion of Wednesday's gains.
- President Donald Trump said a peace deal with Iran was in its "final stages," providing a boost to risk assets.
- The trader collected about $224,500 in premiums and will keep the full amount if XRP remains close to $1.40.
Condividi Condividi questo articolo Copia link X icon X (Twitter)Linked In Facebook Email HYPE leads crypto rebound as traders position for volatility breakout Bitcoin and ether stabilized as derivatives activity rebounded, HYPE rose for a fifth straight day and options traders positioned for a breakout.Di Oliver Knight, Omkar Godbole|Editor Sheldon Reback 21 mag 2026, 10:52 a.m. 3 min read Tradotto da IAMake preferred on HYPE/USD (Coin Desk Data)What to know: Bitcoin rebounded to $77,900 and ether traded near $2,130 as crypto markets steadied alongside stronger U.S. equities and easing oil prices. Hyperliquid’s HYPE jumped 6.5%, extending its seven-day gain to 53%, with derivatives data signaling aggressive bullish positioning. Options traders are increasingly betting on a volatility breakout in bitcoin and ether while altcoin markets remain mixed, with speculative activity rising in smaller tokens.The crypto market showed signs of a cautious recovery on Thursday, with bitcoin BTC$77.172,49 trading at $77,900, up from Tuesday's low of $76,100, and ether (ETH) at $2,130 after adding just 0.1% since midnight UTC.
The altcoin sector remains mixed. While Hyperliquid (HYPE) rose for a fifth straight day, adding 6.5% to notch a 53% gain over the past week, privacy coins gave back a portion of Wednesday's gains.
U.S. equities snapped a three-day losing streak on Wednesday, with the S&P 500 index 1.5% higher as investors anticipated a strong earnings report from Nvidia (NVDA), which beat forecasts with record quarterly revenues of $81.62 billion.