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Hyperliquid Leads Crypto Market Rally, Altcoins Outperform Bitcoin
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On May 15, according to CoinDesk, as market risk appetite recovers, altcoins have recently performed better than Bitcoin overall, with the Hyperliquid ecosystem token HYPE leading the gains in the past 24 hours. Data shows that funds are shifting from Bitcoin and Ethereum to high-volatility assets, driving up some DeFi and trading platform-related tokens. Analysts point out that improved trader risk sentiment and an active derivatives market are important reasons for altcoins outperforming BTC recently.