Trump's Hyperliquid Comments Send HYPE Price Soaring

Donald Trump's recent remarks about Hyperliquid (HYPE) have sent shockwaves through the crypto market, causing its price to surge.

The U.S. President mentioned Hyperliquid in the context of regulation during a financial innovation and crypto policy-focused White House event, stating that CFTC Chairman Michael Selig is working to bring the exchange into the United States in a compliant way.

This statement has been interpreted as a positive sign for Hyperliquid's prospects in the U.S. market, with traders anticipating a breakthrough on the regulatory front.

According to the source, HYPE price jumped from around $60 to nearly $70 within minutes of Trump's comments, indicating a strong reaction from the market.