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Hyperliquid jumps 20% after US regulatory support boosts trading and triggers short liquidations

Market News
20 Aug 2026
AMBCrypto
View Source
Bullish
pluang ai news

Hyperliquid (HYPE) surged 20% to around $72.30 following a White House mention that the CFTC is working to bring Hyperliquid under a compliant US regulatory framework. This regulatory news sparked a sharp increase in trading volume and price, pushing HYPE toward a key resistance level at $72.50. The rally forced significant short liquidations totaling $48.16 million, amplifying gains and increasing buying pressure. If HYPE can break through this resistance, it could target $75 next, but failure to hold above $69-$70 may lead to a price retracement to the $66-$68 range.

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