HYPE Price Downtrend Deepens As Funding Rate Collapses To 6-Month Low

Hyperliquid (HYPE) continues to face strong selling pressure as its price trend remains firmly bearish. The altcoin has struggled to regain momentum following last week’s market correction.   A growing bearish sentiment in the Futures market is amplifying the decline, with traders actively betting against a price recovery. Hyperliquid Traders Are Bearish The funding rate for Hyperliquid has dropped to a six-month low, signaling a sharp rise in bearish sentiment source: https://beincrypto.com/hype-price-downtrend-deepens-as-funding-rate-collapses/