HYPE steadies after sharp pullback from ATH amid market tumble

Description

The broader crypto market faced a sharp jolt earlier today as geopolitical tensions between Israel and Iran triggered a wave of sell-offs. Among the tokens hit was Hyperliquid’s HYPE, which saw a steep intraday decline. However, the token is now showing signs of recovery. Trading at $39.63 at press time, HYPE ( HYPE ) is gradually rebounding from the sharp drop it suffered earlier. The token had recently climbed above $43, setting a new all-time high after several days of strong upward momentum....