The contrast is wild — ICE, the NYSE's parent, agreed last week to bring Hyperliquid perps onshore in the US, the biggest TradFi stamp of approval $HYPE has ever had. And yet it's down 8.6% near $77.80 tonight while $BTC bleeds below $76k. Still needs regulatory approval, so nothing changes overnight — but if the market stops selling, this is the headline that gets revisited. Watching whether it holds $77 first. #Hyperliquid #HYPE