Hyperliquid Strategies is trading at $12.29, down 4.36%, as Trump rejected Iran’s Strait of Hormuz reopening proposal, pushing oil higher and renewing inflation concerns.
- On September 28, oil rose and bond yields came under pressure in a broader risk-off session, weighing on equities, Reuters reported.
- Hyperliquid’s HYPE token was down about 4% in 24-hour market data; reports flagged a large scheduled September 29 token unlock. These may add crypto pressure but do not establish a company-specific catalyst.