HYPE token outshines major cryptocurrencies after Fed rate hold and muted market reaction

Following the Federal Reserve's latest decision to keep interest rates unchanged, most large-cap cryptocurrencies traded sideways or dipped, while Hyperliquid's HYPE token jumped sharply. HYPE gained nearly 7% on the day and over 50% in a week, diverging from Bitcoin, Ethereum and other majors as traders focused on selective, narrative-driven assets. A recent addition of HYPE to Coinbase's asset roadmap added a token-specific catalyst to its move.