The cryptocurrency market was revived over the past several hours, with essentially all assets rocketing to new multi-month peaks. Some assets, though, performed better than others, including Hypeliquid\u2019s native token.<\/p>\n
HYPE surged by nearly 10% from bottom to top, tapping $71 minutes ago. It came just inches away from its June 2026 all-time high of $76 before it was stopped and pushed to just under $70.<\/p>\n
The major boost came after reports emerged that US President Donald Trump pushed the CFTC to bring Hyperliquid to the US.<\/p>\n
Trump says the CFTC is working to bring Hyperliquid to the US, in remarks at White House crypto summit today.<\/p>\n
Trump: \u201cI understand that Mike (Selig) is also working to bring Hyperliquid into the United States in a fully compliant and legal fashion.\u201d<\/p>\n
\u2014 Yueqi Yang (@Yueqi_Yang) August 19, 2026<\/a><\/p>\n\n The other notable reason behind HYPE\u2019s major rally today was the broader market\u2019s resurgence. As reported<\/a> earlier, bitcoin skyrocketed to over $69,000 for the first time since June. Ethereum followed suit with a run to $2,100; XRP is well above $1.05, and so on.<\/p>\n The unexpected rally, given the overall market sluggishness over the past few weeks, resulted in well over $1 billion in liquidations from over-leveraged traders.<\/p>\n The most likely reason for the spectacular Wednesday run came after the US Treasury announced increased<\/a> liquidity-support buybacks for government bonds, impacting the broader financial market.<\/p>\n The post HYPE Skyrockets Past $70 as Trump Reveals CFTC Push for Hyperliquid\u2019s US Entry<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The cryptocurrency market was revived over the past several hours, with essentially all assets rocketing to new multi-month peaks. Some assets, though, performed better than others, including Hypeliquid\u2019s native token. HYPE surged by nearly 10% from bottom to top, tapping $71 minutes ago. It came just inches away from its June 2026 all-time high of […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-215482","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215482"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=215482"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/215482\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=215482"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=215482"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=215482"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}