As Hyperliquid (HYPE) Climbs 12%, Can Bulls Drive the Token to a New High Above $40?

The brief recovery of the crypto market has supported the asset prices to escape from their bearish hold. Bitcoin hovers at around $105.2K, and Ethereum trades at the $2.6K range. Turning attention to the altcoins, Hyperliquid (HYPE) has landed among the top five gainers, registering a double-digit surge of over