Crypto Briefing: BTC and ETH Rise; HyperLiquid Jumps on Billion-Dollar Token Accumulation Plan

Crypto Markets Edge Higher as HyperLiquid’s $1B Buy Plan Boosts HYPE

Crypto markets showed signs of stabilization on Thursday after weeks of volatility, with Bitcoin and Ether posting modest gains and HyperLiquid’s HYPE leading the session.

Bitcoin (BTC) climbed 1.6% to $110,141, while Ether (ETH) advanced 1.1% to $3,892. Other major tokens, including BNB and Solana (SOL), also saw moderate upside movement.

The standout performer was HYPE ($39.05), jumping 12% after HyperLiquid Strategies announced plans to raise $1 billion to acquire more tokens, fueling market enthusiasm.

Market sentiment appeared calmer compared to recent weeks, with derivatives funding rates hovering near zero, indicating limited speculative pressure.