Crypto Markets Heat Up: Hyperliquid Surges, Bitcoin Holds Strong, XRP Defies Odds – May 8 Analysis

Hyperliquid (HLQ) rockets 23% as DeFi whales pile into perpetual swaps—just as traditional finance starts ’discovering’ the sector (slow clap).

Bitcoin clings to $62K despite macro headwinds—miners aren’t selling, and neither are the diamond-handed OGs who remember $3K BTC.

Ripple’s XRP pumps 12% on pure hopium—no news, no ETF filings, just traders betting the SEC lawsuit will somehow end in a blaze of glory. Meanwhile, Wall Street still can’t decide if crypto is a scam or their next revenue stream.

Hyperliquid and Aptos Price Prediction: Exploring the impact of DeFi TVL bounce back

The cryptocurrency market is in a fresh risk-on frenzy, influencing altcoins to wake up alongside Bitcoin (BTC). Hyperliquid (HYPE) and Aptos (APT) are trending upwards on Thursday as optimism mounts ahead of a potential trade deal announcement between the United States (US) and another country, reportedly to be the United Kingdom (UK).

Bitcoin Price Forecast: BTC flirts with $100K as market sentiment improves on Trump trade deal with the UK

Bitcoin (BTC) price extends its gains, nearing the $100,000 level at the time of writing on Thursday, after rallying for three consecutive days this week. The most recent uptick was fueled by Donald Trump’s announcement of a “major trade deal” that, according to the Wall Street Journal, is with the United Kingdom (UK). The technical outlook suggests a continuation of the rally targeting the $105,000 mark.

XRP price picks up steam supported by heightened risk-on sentiment

Ripple (XRP) price is gaining bullish momentum, increasing over 3% to trade at $2.19 at the time of writing on Thursday. A breakout to $3.00 could follow a potential climb above $3.00, as the broader cryptocurrency market wakes up. However, XRP must breach a crucial four-month descending trendline to affirm the bulls’ grip ahead of the anticipated breakout.