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HYPE Skyrockets Past $70 as Trump Reveals CFTC Push for Hyperliquid's US Entry

August 19, 202604:41 PM

The cryptocurrency HYPE is experiencing a massive surge, soaring past the $70 mark following Donald Trump's announcement about a CFTC initiative to facilitate Hyperliquid's entry into the US market. The token is approaching its all-time high set just over two months ago, signaling a pivotal moment for crypto investors and enthusiasts alike. This development underscores the growing political influence on the crypto sector and the potential for international exchanges to gain regulated access to the world's largest cryptocurrency market. Hyperliquid, a derivatives platform, may be on the verge of securing regulated entry into the US, which could not only boost HYPE but also impact the broader DeFi and crypto trading ecosystem in America.

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