Trump said the CFTC is working to bring Hyperliquid to the US, sending HYPE up 20% and PURR shares up 30%.
Hyperliquid (HYPE) price jumped after Trump said CFTC Chair Mike Selig is working to bring the exchange into the US.
Hyperliquid (HYPE) price surged more than 22% over the past 24 hours, reaching an intraday high near $72.58. CoinGecko data placed HYPE at $71.46, with trading volume reaching $1.55 billion.
Hyperliquid trader Loracle's HYPE losses top $60 million as the token rallies 25%, while a bull flag breakout targets $100.
Binance founder Changpeng Zhao has defended President Trump's push to bring HyperliquidX into the United States legally. On X, he argued that the White House's stance on pushing for HyperliquidX would not only benefit the platform but could also have positive implications for the broader crypto industry.
HYPE jumps over 20% to flip DOGE, putting its rally and utility-driven narrative to the test.
HYPE is up over 17% over the past 24 hours, rising from around $58 to a high of $72. This comes immediately after President Trump stated that the Commodity Futures Trading Commission is working to bring the decentralized exchange into the United States.
President Donald Trump in his recent White House Meeting with crypto Industry leaders put Hyperliquid in the spotlight after saying CFTC Chair Michael Selig is working to bring the platform to the U.S. legally and with full compliance. Hyperliquid currently blocks U.S. users.
Trump said CFTC Chair Michael Selig is working to bring Hyperliquid to the U.S.; HYPE jumped 21.58% to $71.35. A May 18 CFTC filing shows self‑certified HYPE futures.
The native cryptocurrency of Hyperliquid, known as HYPE, experienced a dramatic rally exceeding 19% on Wednesday following President Donald Trump's revelation that the Commodity Futures Trading Commission is facilitating the platform's regulated entry into U.S. markets.
While Bitcoin grabs the headlines, Hyperliquid posts the biggest daily jump among top-100 coins. The trigger is a letter to the SEC: Hyperliquid's policy arm wants pre-IPO futures regulated, and it brings remarkable data to the table.
Donald Trump mentions a legal entry of Hyperliquid into the United States. The HYPE crypto jumps 19%.