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HYPE leads crypto rebound as traders position for volatility breakout

HYPE leads crypto rebound as traders position for volatility breakout

The crypto market showed signs of a cautious recovery on Thursday, with bitcoin 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.

Oil prices dipped as U.S. President Donald Trump said a peace deal with Iran was in its “final…

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