📌 Hyperliquid (HYPE) Loses $40 Threshold, Ethereum (ETH) Price Bounce Receives Boost, Shiba Inu (SHIB) Rally Struggles: Crypto Market Review – Despite the existing risk demand, market saw a substantial drop in activity of traders and investors that triggered a substantial sell-off.
$ETH #HYPE fell below $40 as traders pulled back, while #Ethereum got a bounce after reduced flows; #SHIB rally stalled. Despite risk appetite, a sharp drop in trader activity triggered a broad sell-off across crypto markets.