HYPE Crypto Price Rallies 16% as Musk Calls Project ‘Interesting’

Key Insights: HYPE crypto price rose 16.43% to $93.57 as daily volume jumped 200.1% to $2.25 billion. Elon Musk replied, “Interesting,” as the proposed U.S. market awaits CFTC approval. HYPE faces resistance near $95, with a chart target of $100.50 and support at $76.60. HYPE crypto price rose by 16.43% to $93.57 over the past 24 hours. The rally coincided with plans for a U.S. perpetual futures market using Hyperliquid’s infrastructure. Elon Musk responded to Stan Druckenmiller ’s X post about investing in Trade[XYZ], which announced the project with ICE.