Loading prices…
🔥BULLISH

Crypto Hits $2.71T, CLARITY Passes Committee, CME Launches Crypto Futures, and Bitwise Files Hyperliquid ETF

A dense 24-hour cycle delivered several structural signals for crypto markets. Total crypto market cap reclaimed $2.71…

A dense 24-hour cycle delivered several structural signals for crypto markets. Total crypto market cap reclaimed $2.71 trillion, the CLARITY Act advanced through the Senate Banking Committee in a bipartisan vote — a meaningful step toward a federal digital-asset market-structure framework — and CME Group announced futures tied to the Nasdaq CME Crypto Index, deepening institutional derivatives access to the space.

On the product side, Coinbase became the official USDC treasury deployer on Hyperliquid and acquired Native Markets' USDH brand assets as USDH transitions into USDC — consolidating stablecoin infrastructure on one of DeFi's fastest-growing perp venues. Bitwise filed its Hyperliquid ETF ($BHYP) with in-house staking, set to begin trading imminently.

Broader risk appetite was also constructive: the S&P 500 crossed 5,700 for the first time, Nvidia surged 20% in seven days…

Source attribution
Aggregated from CoinTelegraph · Verified · Last refreshed 2h ago
Open original →