Eine neue Studie sieht BTC und ETH auf zwei völlig unterschiedlichen Pfaden, was die Umlaufgeschwindigkeiten der beiden führenden Kryptowährungen angeht. Doch nicht alle Analysten sehen darin einen Vorteil für Ethereum.
Aave bekommt MiCA-Zulassung für Stablecoin-Dienste in Europa
Eine Tochter von Aave bekommt ihre MiCA-Zulassung in Irland und darf damit den Umtausch von Stablecoins in Euro innerhalb von ganz Europa anbieten.
Hyperliquid loses $5M in POPCAT attack, HYPE price comes under pressure
- The POPCAT manipulation caused the Hyperliquid HLP to absorb $5M in losses.
- Hyperliquid’s token price currently trades below key EMAs amid bearish momentum.
- HYPE’s retail demand has dropped, and futures Open Interest has fallen to $1.56B.
Hyperliquid price has come under intense pressure following a sophisticated POPCAT attack that left the decentralised derivatives platform reeling from multi-million-dollar losses.
The POPCAT hack, which targeted Hyperliquid’s liquidity provider system, exposed vulnerabilities in Hyperliquid’s risk management while raising concerns about retail demand and overall market sentiment for HYPE tokens.
POPCAT attack led to a $5M HLP loss
The POPCAT attack unfolded on November 12, when a trader executed a series of manipulative trades across the POPCAT token market, using multiple wallets to create an artificial buy wall.
According to on-chain analysts, the trader deployed roughly $3 million in USDC from the OKX exchange, distributing it across 19 separate addresses.
These wallets then opened nearly $30 million in leveraged long positions, inflating the price of POPCAT to over $0.21.
Once the buy wall was removed, the POPCAT price plunged sharply, causing mass liquidations.
Hyperliquid’s market-making system, Hyperliquid Provider (HLP), was forced to absorb the resulting positions due to thin liquidity in the market.
In total, HLP incurred losses of approximately $4.9–$5 million.
The remaining long positions were passed to the Hyperliquidity Provider (HLP) to liquidate.
HLP appears to have lost $4.95M closing out the positions. pic.twitter.com/Qfq9jcy4Mz
— Arkham (@arkham) November 12, 2025
During the crash, the price of POPCAT fell from $0.21 to $0.13, leaving Hyperliquid to manually close positions to prevent further financial damage.
The attack highlighted how coordinated movements of large capital through multiple wallets can destabilise decentralised platforms.
Looking at how the attack unfolded, there are connections to prior manipulative behaviour observed on tokens such as TST, ZEREBRO, JELLYJELLY, and HIFI, although Hyperliquid emphasised that deposits and withdrawals were ultimately restored and normal trading resumed.
Implications for Hyperliquid and DeFi markets
Notably, the POPCAT attack underscores ongoing risks for decentralised exchanges that handle leveraged tokens.
While HLP successfully absorbed the losses and protected liquidity providers, the event demonstrates how thin liquidity and concentrated positions can amplify the effects of market manipulation.
Some commentators on Crypto Twitter have suggested that such attacks may not always be profit-driven, but rather aimed at undermining the reputation of decentralised platforms.
On-chain forensic analyses have scrutinised links between wallets used in the manipulation and entities such as BTX Capital, though allegations remain unproven.
Hyperliquid’s response, including a temporary pause on its Arbitrum bridge, helped mitigate further destabilisation.
However, the incident is likely to weigh on investor sentiment, especially as retail demand for HYPE has remained low following a significant reduction in futures Open Interest over the past month.
Futures Open Interest for HYPE has also contracted from $2.08 billion at the end of October to $1.56 billion, signalling declining risk appetite among traders.
HYPE price reaction to the attack
Despite the loss, Hyperliquid’s HYPE token showed relative resilience in the immediate aftermath.
HYPE price rose modestly from $37.77 to $39.39 following the resolution of the attack, indicating that broader retail confidence in the token remained intact.
However, the token has since pulled back to around $38.09 at press time, hinting at a cautious long-term outlook.
Technical indicators paint a bearish picture, with HYPE trading below its 200-day Exponential Moving Average (EMA) just below $39 and failing to surpass the 50 and 100-day EMAs around $43.
Momentum indicators, including the MACD and RSI, suggest persistent selling pressure, and analysts warn that a decisive break below the $35 support level could accelerate a decline toward the $30 mark.
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Zcash: Arthur Hayes rät Anlegern zum Abzug von Kryptobörsen
Hayes ruft den Zcash-Anlegern den ursprünglichen Gedanken des Privacy Coins ins Gedächtnis und rät deshalb zum Abzug von Kryptobörsen.
Bitcoin Cash price prediction: eyes on the $460 demand zone if support gives way
- Bitcoin Cash price is under selling pressure, testing support near $470.8 and $460.3.
- Bitcoin pullback and market fear amplify downside risks for the BCH price.
- Key resistance sits at $528.85, with potential upside if support holds.
Bitcoin Cash price has come under significant pressure in the past 24 hours, with BCH slipping to $491.09 following a series of technical setbacks and broader market weakness.
After failing to hold above the $530 resistance level, Bitcoin Cash (BCH) has seen selling momentum intensify, as a result of technical profit-taking and the influence of the Bitcoin price pullback.
Eyes are now on whether BCH can stabilise above critical support levels or if the selling pressure will push the cryptocurrency toward lower demand zones.
BCH struggles under resistance amid bear pressures
On November 13, Bitcoin Cash surged to $532 but faced rejection at the $530–$532 zone, failing to sustain a breakout.
The cryptocurrency’s inability to remain above the 200-day EMA at $510.56 led to a break below the crucial $515 support, triggering algorithmic sell orders.
Technical indicators such as the MACD, which remains below its signal line, have reinforced bearish momentum, while a close below the 61.8% Fibonacci retracement at $500.23 has invalidated the short-term bullish structure.
Traders should now watch closely for a reclaim of $515 to stabilise prices, although a drop below $480 could open the door to deeper corrections.
Bitcoin price pullback drags BCH lower
BCH had not been immune to the broader weakness in the crypto market.
However, Bitcoin’s rejection near $107,000 caused capital rotation away from riskier altcoins, with Bitcoin Cash (BCH) showing a 30-day correlation of 0.89 to Bitcoin (BTC).
This strong correlation amplified the downside, contributing to a 24-hour trading volume surge of 10.58% to $523 million as traders exited positions amid panic selling.
Market-wide risk aversion has further fueled the decline, with derivatives data showing a 4.58% drop in BCH futures open interest and overall spot volumes falling by more than 21%, reflecting low conviction across the market.
The Crypto Fear & Greed Index, sitting at 22, indicating “Extreme Fear,” has also intensified the bearish sentiment.
Bitcoin Cash price short-term outlook
On shorter timeframes, the 6-hour chart highlights heavy selling momentum as BCH nears critical support.
The immediate support around $470.8 is under pressure, with a notable demand zone at $460.3 potentially acting as a floor for buyers.
Resistance is positioned near $528.85, though the price has shown limited strength to test it.
A confirmed reversal pattern above 470.8 could prompt a retracement toward $528.85, but without clear bullish signals, further decline toward the 460.3 demand zone is likely.
Traders are advised to watch for momentum shifts before entering new positions, as failure to hold support could result in accelerated downside movement.
Longer-term resistance levels also frame the narrative for the BCH price.
According to market analysis, holding above $473.62 is crucial for any upward movement toward $493.23, and surpassing that could pave the way to $528.85, with $544.23 marking the third resistance target.
Conversely, if $473.62 fails to hold, BCH may slide toward the next support at $444.75, underscoring the importance of this critical level in guiding near-term market behaviour.
Traders and investors should keep a close eye on momentum shifts, as failure to hold key support could lead BCH toward lower levels, while maintaining stability could allow for a measured rebound.
For those tracking market dynamics, understanding the interplay between Bitcoin Cash price and broader crypto movements remains critical in anticipating potential swings and making informed decisions.
The post Bitcoin Cash price prediction: eyes on the $460 demand zone if support gives way appeared first on CoinJournal.