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U.Today: HYPE Surges Over 2% Following CFTC Stock Perpetual Announcement
U.Today reported, citing TradingView charts, that HYPE/USD rose from the $84.9 to $85.30 range after 14:02 UTC on November 3, briefly exceeding $87.40, and was around $86.83 at the time of reporting, with a net gain of over 2% during the described fluctuation. The article linked the surge to the CFTC's announcement on single-stock perpetual futures that day, and noted that Hyperliquid still imposes geo-restrictions on U.S. residents.
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