Hyperliquid (HYPE), MemeCore (M) and Quant (QNT) are among the best-performing cryptocurrencies this week, gaining 17%, 9% and 7%, respectively, despite mounting pressure across the broader crypto market.

The global crypto market cap dropped to $2.69 trillion on Friday, as Bitcoin (BTC) briefly fell below $77,000 before recovering near the $78,000 support level, which it has held for over a month. The decline fueled $1.67 billion in crypto futures liquidations, with Bitcoin liquidations accounting for $562 million.

The sell-off spread across major altcoins, with Ethereum (ETH) falling 3.9%, XRP dropping 3.8% and BNB losing 6.3% in the past 24 hours.

The renewed weakness coincided with a $6.3 billion hack on crypto exchange Binance, which…