Technical problems in smart contracts have negative consequences on the tokens of the relevant platform. There are problems on the Hyperliquid platform for about 1 hour and this has a negative impact on the price of Hype Coin. BTC fell below 117,600 dollars, ETH rise continues to remain as a dream.
Hyperliquid (Hype)
The official statement has not yet been published at the official X address of the protocol, but the users say they have faced problems. The stock market’s ordering system does not work correctly according to user reports. Hype Coin In this process, the general market sensation in the effect of the weakness of the value lost.
Crypto investors’ application – the reason will surprise you!
Hype Coin, which lost 6 %value, found support at $ 42.4. The stable rise, which has been ongoing for 99 days, was reversed on 14 July and the price fell from the summit 16 %. If the technical failure grows and the problem continues for a long time, the support level of $ 42 is lost and the price is expected to decline to the support zone between $ 40.1 and $ 36.9.
Although he has a break for the stable rise for now, in the long run Hype Coin The excitement of investor is strong. In the field of defi, we witnessed that similar futures defi platforms made crazy gains, especially during periods of enthusiasm.
Why do crypto coins fall?
Today Jolst His data says Fed does not have to be so hurry to interest rate cuts. Besides CB consumer trust index also recovered. In other words, we are experiencing a decrease because the FED is not the kind that will compress for a discount. We shared the details of this in the last minute announcement we shared at the time of the data.
However, the Fed meeting is normal tomorrow and as before every important meeting. Sunday and Friday’s warnings pointed out exactly. The meeting of the Fed will be looked for a signal for the potential discount in September. PowellWe will see how much it works for the extension set up in hours later.
The tariff rates of all countries will be determined until Friday. EU, Japan agreements are complete and Chinese 90 -day new extension decision was taken. Although Chinese concerns have been frozen until November, the effect of Trump’s tariffs on other trading partners on the effective customs duties rate may push the results of the Fed to delay discounts.
What is certain is the fact that we will see higher volatility in both directions this week.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
