XRP, Ethereum (ETH), and Hyperliquid (HYPE) posted some of the largest losses among major cryptocurrencies on Friday as weakness spread across the digital asset market and pushed most leading tokens into negative territory. Hyperliquid (HYPE) recorded the steepest decline among the largest cryptocurrencies, falling 10.5% to $65.24. Even with the drop, the token generated $1.85 billion in daily trading volume and maintained a market capitalization of $14.52 billion.