Bitcoin traded above $66,000 and ether above $1,800 on Tuesday, extending a rally built on easing geopolitical tensions, while Hyperliquid's (HYPE) token notched a fresh all-time high above $76, according to The Block’s price page.
Earlier this week, bitcoin (BTC) topped $65,000 as reports of a U.S.-Iran peace deal eased geopolitical fears, extending into a fourth consecutive day of gains.
Separately, Strive's chief investment officer had said that prolonged bitcoin weakness could drive consolidation among corporate treasury firms, a dynamic now drawing fresh scrutiny as several analysts question whether the current bounce reflects durable demand.
HYPE's record run
The move came alongside continued institutional interest in Hyperliquid, with spot HYPE exchange-traded funds nearing $900 million in cumulative trading volume as an early demand signal.
