- Coinbase announced a strategic partnership with Hyperliquid to become the official treasury deployer of USDC on the network.
- On-chain indicate multi high-network individuals and firms have poured million into accumulated HYPE despite the price consolidation between $45 to $35 since last months
- Hyperliquid price witnessed a steady mid-term uptrend resonating with the channel pattern of the daily chart.
The Hyperliquid price is up 6.68% during Thursday’s U.S. market hours to trade at $41. The uptick follows Bitcoin’s sustainability above the $79,000 support after the macroeconomic pressure kept bearish sentiment high due the hotter than expected U.S. inflation data released yesterday. However, the HYPE coin shows strong resilience above the $38.7 floor amid its partnership announcement with Coinbase and active accumulation from high-networth investors.
Coinbase Strengthens Onchain Strategy with Key USDC Role on Hyperliquid
Coinbase is expanding its footprint i...
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