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Hyperliquid price rises amid new regulated futures and SpaceX IPO concerns by Arthur Hayes.

Market News
12 Jun 2026
Coingape
View Source
Neutral
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Hyperliquid (HYPE) price increased by 4% to $60.93, boosted by the launch of CFTC-regulated perpetual futures for U.S. traders and growing trading volume. The market gained attention after Arthur Hayes criticized the upcoming SpaceX IPO as a "classic crypto grift," warning of potential insider selling. This speculation has driven demand in Hyperliquid-linked markets, with traders eyeing a breakout above $65 to target $70. However, a drop below $55 could lead to a decline toward $50, making the near-term trend dependent on sustained buying pressure and market sentiment.

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