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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
Hyperliquid (HYPE) rebounded toward $82 on Thursday after an earlier drop to $77 on hotter-than-expected US inflation. Ripple Prime now offers institutions more than 100 RWA perpetual swap markets on Hyperliquid. HYPE dropped below $80 after US producer price index inflation rose 6.3% year-over-year in September, exceeding expectations of 5.3%.
Injective is inching closer to $9, extending a steady rebound from the 50-day EMA, which was at $6.59 last week. Injective’s CEO Eric Chen met with senior US officials on Wednesday to advance tokenization and on-chain finance within US regulatory frameworks.
Bitcoin, Ethereum, and Ripple show mixed price action on Friday, with BTC and ETH holding above key support levels while XRP struggles below key resistance. Meanwhile, sticky inflation figures have dampened risk appetite, and momentum indicators for these top three cryptocurrencies have also weakened, signaling a risk of a deeper correction if key support fails to hold.
