Bitcoin tops $64,000 in Asia morning hours as HYPE jumps 8% on the week
SummaryBitcoin hovered around $63,300 in Asian trading, little changed on the day and lower on the week, as cryptocurrencies stayed stuck in a tight range despite a softer dollar and reduced expectations for Federal Reserve rate hikes.Hyperliquids HYPE token was the standout performer, gaining more than 3 percent on the day and nearly 9 percent over the week, while other major tokens such as ether, solana and XRP saw modest moves and mostly weekly declines.Analysts say fading optimism, weaker exchange-traded fund inflows and uncertainty ahead of this weeks Fed minutes and a White House crypto meeting are keeping crypto markets subdued despite a more supportive macro backdrop. Bitcoin crossed $64,000 in Asian morning hours Monday, up half a percent on the day but down almost 3% over the week, as a softer dollar and fading rate-hike bets failed to lift crypto out of its recent range. Hyperliquids HYPE was the standout, up over 3% to $59 and almost 9% on the week, the only major with a meaningful weekly gain. Ether rose over 1% to just under $1,900 but is down 1% over seven days. Dogecoin added almost 1% to 7 cents, tron under half a percent to just over 33 cents and