Among large-cap altcoins, HYPE continues to exhibit one of the strongest trend structures. The token defended the 200-day MA and printed a sharp rebound candle toward the $47 zone in March after regaining the 50-day and 100-day moving averages.
Investors sold out of benchmark bonds amid the growing possibility of interest rate hikes in the near future. A top corporate "whale" announced a potentially chunky Bitcoin sell-off.