Hyperliquid Soars Past $60 – Or Did It Just Psychologically Manipulate Us?

Market data suggests HYPE broke $60 on May 21, which is impressive until you realize the broader crypto market is just sitting there, bored out of its mind, watching Bitcoin hover near $77k like it’s waiting for a Netflix recommendation. Meanwhile, Bitwise’s Hyperliquid ETF is buying HYPE like it’s the last cupcake at a vegan bakery. Competing ETFs are now racing to launch, because nothing says “smart investing” like a bidding war between people who don’t know what they’re doing.



