XRP, ETH, HYPE Lead Crypto Market Selloff; Bitcoin Holds Above $62K
Hyperliquid plunged 10.5% while XRP and ETH dropped 2.2% and 1.5% respectively. Bitcoin edged down only 0.1% to $62,742. Small-caps like Bitway surged 258%.

Hyperliquid plunged 10.5% while XRP and ETH dropped 2.2% and 1.5% respectively. Bitcoin edged down only 0.1% to $62,742. Small-caps like Bitway surged 258%.

Bitcoin stayed above $64,000 with modest gains in ETH, SOL, BNB, and TRX, while XRP and HYPE slipped. Smaller tokens including Bitads, Synapse, and Cortex posted outsized rallies.

Crypto market cap fell 0.8% to $2.63T on May 20. BTC dropped 0.47%, ETH slipped 1.02%. EDEN led gainers with a 25% surge, while INJ dropped 8.75%. Fear & Greed at 27 (Fear). Russia mulls stricter AML rules; Truth Social withdraws Bitcoin ETF application.

Zest Protocol is scheduled to launch on May 19, 2026, with Binance Alpha opening trading first and running an Alpha Points airdrop. KuCoin, Gate.io, HTX and Bitflow also confirmed listings.

HTX released its May performance report, with TradFi futures trading volume surpassing $1 billion and ranking first globally in net capital inflows. The platform advanced in asset expansion, yield optimization, product innovation, and ecosystem co-building, maintaining over 100% reserve ratios.

Aster has completed its sixth airdrop phase, distributing 620,608 ASTER tokens, with half permanently burned and half allocated to treasury. The 50% immediate claim period runs from May 4 to June 4. ASTER price is down 2.21% today.

Huobi HTX has launched perpetual contracts for ZEST and BTW, expanding its derivatives offering for these tokens.
