Bitcoin rises to $77,900 as HYPE token gains 6.5 percent

Bitcoin rose to $77,900 on Thursday while ether traded near $2,130, according to CoinDesk data. The moves came after bitcoin fell to a Tuesday low of $76,100. 1 percent since midnight UTC. Derivatives activity increased during the session. 7 billion. Open interest climbed nearly 1 percent to $128 billion and liquidations reached $266 million.

5 percent, extending its seven-day gain to 53 percent. Open interest in the token reached its highest level since February 19. Positive cumulative volume delta and slightly positive funding rates indicated aggressive buying through market orders. Privacy coin zcash maintained elevated open interest throughout the week.

98 million tokens, though negative cumulative volume delta suggested sellers were active on rallies.

30-day implied volatility fell to a 2026 low of 53 percent. Traders favored strangle options strategies on Deribit for both assets over the past 24 hours. 40 through late June. 2 percent on Thursday.