The Crypto Rundown 242: Bitcoin, Ethereum and HYPE Feel the Heat

The crypto pullback is spreading, but the options market still has plenty to say. On this episode, we break down the latest moves in Bitcoin, Ethereum and Hyperliquid's HYPE token, along with notable options trades in IBIT, MSTR and PURR.

We explore a sizable IBIT call spread, the latest PURR activity as HYPE retreats, and how ETHA's reverse stock split complicates its options chain. We also check in on BitMine, Circle, Solana, XRP, Dogecoin and other major altcoins before taking a quick look at Fetch.ai (FET) and the intersection of artificial intelligence and crypto.