CFTC’s New Crypto Regulation Sparks Interest in Hyperliquid’s HYPE Token
Excitement surrounds Hyperliquid’s native token, HYPE, as its value jumped by 15% on Thursday, outperforming much of the broader crypto market. The surge follows the teamโs formal response to the U.S. Commodity Futures Trading Commission (CFTC) about proposed regulations for perpetual swaps and around-the-clock crypto trading. Investors are keen to see how regulatory acceptance of perpetual trading might affect volatility and liquidity in the market. HYPE could become a favorite among traders in anticipation of potential regulatory clarity. Keep an eye on how these developments influence HYPE’s trajectory moving forward. Given the growing interest in compliant perpetual trading, the future of Hyperliquid and HYPE particularly looks bright. This is a crucial time for crypto assets with a keen focus on regulatory frameworks.