{"id":217084,"date":"2026-08-23T09:11:01","date_gmt":"2026-08-23T09:11:01","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=217084"},"modified":"2026-08-23T09:11:01","modified_gmt":"2026-08-23T09:11:01","slug":"hyperliquid-hype-hits-new-all-time-high-bitcoin-btc-cools-off-weekend-watch","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=217084","title":{"rendered":"Hyperliquid (HYPE) Hits New All-Time High, Bitcoin (BTC) Cools Off: Weekend Watch"},"content":{"rendered":"

After gaining $15,000 in a few days, bitcoin was primed for a correction, and the asset has cooled off with a dip to $75,500, where it found some support.<\/p>\n

Most altcoins are also slightly in the red on a daily scale. HYPE, though, continues to defy the odds and has charted a fresh all-time high of over $82.<\/p>\n

BTC Slides<\/h2>\n

Bitcoin struggled below $65,000 for weeks until Wednesday afternoon. Then, one US Treasury Department announcement sent shockwaves throughout the market, and BTC led the charge. The asset exploded to $70,000 within a few hours before the bulls took complete control<\/a> of the market and initiated a few more legs up.<\/p>\n

The culmination took place on Friday when the largest cryptocurrency spiked<\/a> to almost $80,000 for the first time in over three months<\/a>. However, after skyrocketing by 25% in less than 48 hours, BTC was due for a pullback.<\/p>\n

At first, the bears pushed it south to $76,200, but bitcoin bounced off and tapped $79,000 once again on Saturday morning. It couldn\u2019t keep climbing, though; it slipped to $77,000 later that day and dipped<\/a> to $75,500 on Sunday morning amid reports that Wintermute has gone heavily on the short side.<\/p>\n

Bitcoin has recovered around a grand since that local low and sits at around $76,500. Its market cap is close to $1.540 trillion on CG, while its dominance over the als has soared to just over 58%.<\/p>\n

<\/a>BTCUSD August 23. Source: TradingView<\/p>\n

HYPE Sees New Peak<\/h2>\n

Ethereum dipped below $2,400 earlier today but has reclaimed that level as of now. XRP was rejected<\/a> at $1.70 after a massive run, and now sits below $1.50. BNB is below $690 again, while CC has plummeted by over 5% daily, similar to XLM and SUI. BCH and ADA are down by nearly 3%.<\/p>\n

HYPE managed to do something unthinkable for most other crypto assets, surging past $82 yesterday to hit a new all-time high. PUMP has rocketed by over 17% in the past 24 hours, followed by an 8% surge from ENA.<\/p>\n

In contrast, TRUMP plunged<\/a> by 33% from top to bottom as the team behind the token sent more coins to exchanges. CRO and WLD are down by over 7% each.<\/p>\n

The cumulative market cap of all crypto assets has declined by approximately $100 billion from the local peak and is down to $2.650 trillion now. Nevertheless, the metric is up by $400 billion since Wednesday.<\/p>\n

<\/a>Cryptocurrency Market Overview August 23. Source: QuantifyCrypto<\/p>\n

\u00a0<\/p>\n

The post Hyperliquid (HYPE) Hits New All-Time High, Bitcoin (BTC) Cools Off: Weekend Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

After gaining $15,000 in a few days, bitcoin was primed for a correction, and the asset has cooled off with a dip to $75,500, where it found some support. Most altcoins are also slightly in the red on a daily scale. HYPE, though, continues to defy the odds and has charted a fresh all-time high […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-217084","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/217084"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=217084"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/217084\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=217084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=217084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=217084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}