FORBES · 2026-10-29 16:18 UTC

'Interesting'—Elon Musk Sends Price Of Tiny Bitcoin Rival Soaring On 'Big Day For Crypto'

Elon Musk posted 'Interesting' in response to billionaire investor Stanley Druckenmiller announcing he is investing in TradeXYZ, which is partnering with Intercontinental Exchange (ICE) to bring Hyperliquid's perpetual futures to the U.S. under regulated framework. Hyperliquid's HYPE token surged 20% in hours following the announcement, with a market cap of $22 billion compared to Bitcoin's $1.6 trillion. HYPE has doubled over the last year while Bitcoin remains down 40% from its $126,000 all-time high.

Loading the story on Tree News…