HYPE Rallies 16% as Stanley Druckenmiller and ICE Invest in Trade[XYZ]

Hyperliquid’s HYPE token jumps 13% despite crypto market weakness as ICE’s Trade[XYZ] partnership draws institutional attention. Hyperliquid’s HYPE token rallied as much as 13.44% on Thursday, climbing above $90 even as Bitcoin slipped below $80,000 and major cryptocurrencies traded lower. The rally followed an announcement that Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, would partner with Trade[XYZ] to bring Hyperliquid-based perpetual futures markets into the United States. The HYPE price surged by 16% over the last 24 hours to trade at $93.