Bitcoin has rebounded to $89,273.7, marking a 1.78% increase in the past 24 hours, as it recovers from a recent low. Despite this uptick, Bitcoin remains over 30% below its October 2025 peak of $126,080. Meanwhile, Ethereum is trading between $2,900 and $3,000. In the altcoin market, Hyperliquid (HYPE) has emerged as a standout performer, surging 17% in a single day. The token's price has climbed from approximately $28 to $32.73 over the past two days, with a 58.3% increase over the last week. This rally is fueled by speculation that "crypto perpetual futures" could soon be traded in the U.S., leading to significant inflows into the perpetual contract market. Hyperliquid's silver perpetual contracts have reached a 24-hour trading volume of $1.25 billion, ranking as the platform's third-largest trading pair.