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Hyperliquid Strategies seeks US futures registration as HYPE falls 7.54%

Hyperliquid Strategies is seeking registration to offer US-regulated futures. The HYPE token fell 7.54% to $76 as the wider crypto market slid, and volatility may rise while withdrawal limits remain.

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Hyperliquid Strategies is seeking registration to offer US-regulated futures trading for perpetual contracts, a type of futures bet with no set expiry date. The step would bring a product linked to the Hyperliquid platform into the US regulatory framework.

Crypto

The HYPE token was down 7.54% on November 6, trading at $76 at the time of writing. The fall matched a broader decline in crypto markets. All of the ten biggest cryptocurrencies by market value edged lower.

In numbers

  • -7.54%HYPE daily move
  • $76HYPE price
  • $75,000Bitcoin price

Bitcoin, the past month

$76,145down −10.98%

$85,540$76,0067 Oct6 Nov

Crypto

Bitcoin dropped to $75,000 and Ether to $2,200. Hyperliquid, described as the biggest exchange of its kind, also still limits withdrawals. That could add to price swings in HYPE.

Bitcoin$76,145down −10.98%over 1 month
$85,540$76,0067 Oct6 Nov

Prices by CoinGecko. Past moves say nothing about future ones.

Also in this story

Etherdown −17.01%1 month

$1,000 in Bitcoin

Had you put $ into Bitcoin a month ago, it would be worth – now.

From the prices in the chart, before any fees or taxes. Not a suggestion to buy or sell.

Where
United States
Published
Section
Crypto
Markets
Bitcoin, Ether

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake
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