Hyperliquid HYPE dips 3% after reaching ATH, $70 billion weekly volume underscores resilience

By Michael FawnHyperliquid (HYPE) saw its value drop by 3% on August 24, 2026, pulling back from a recent all-time high (ATH) set earlier in the week. This dip follows a bullish period for the broader cryptocurrency market, which added over $480 billion to its total market capitalization between August 19 and August 23.While Bitcoin (BTC) absorbed more than 62% of these inflows, signaling a continued concentration of capital in the leading digital asset, HYPE’s robust trading volume and ri