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Cryptocurrencies price prediction: XRP, Bitcoin & HYPE
Developing
In Short: Hyperliquid introduced manual borrowing on September 18, 2026, allowing users to pledge HYPE or Bitcoin as collateral for USDC or USDT stablecoins.
Hyperliquid launched manual borrowing on September 18, 2026, enabling users to pledge HYPE or Bitcoin as collateral for USDC or USDT stablecoins. This new feature saw users borrow $269 million on the first day, pushing the HYPE token to a record high above $90.
The broader cryptocurrency market's recovery, with Bitcoin hitting an eight-month high of $85,000, is boosting investors' risk appetite for high-risk crypto assets like the PI token. Bitcoin itself traded near $86,000 at the time of writing, having gained 5.64% and closing above the 50-week SMA at $78,200 the previous week.
US-listed spot Bitcoin ETFs recorded mild $6.21 million inflows last week, showing resilience despite the CLARITY Act setback and a hawkish Fed outlook.
The manual borrowing feature has attracted significant interest, with users leveraging their HYPE and Bitcoin holdings to access stablecoins, potentially driving further price volatility in the market.
What this adds
The launch of manual borrowing for HYPE and Bitcoin on Hyperliquid adds a new dimension to the cryptocurrency market, potentially influencing the price dynamics of these tokens.
Background
Bitcoin and other major cryptocurrencies like Ethereum and Ripple trade above key levels, but face near-term risks.
What's still developing
- Nothing material beyond the confirmed record.