Crypto Security Recap: BTC at $77.4k, Hyperliquid Faces Lobbying, Trump Trades Disclosed
Bitcoin fell to $77,400 amid rising U.S. Treasury yields, with the 10-year yield hitting 4.6% and the 30-year crossing 5% for the first time since May 2025. Bitcoin spot ETFs saw nearly $1 billion in outflows last week, ending a six-week inflow streak. Ethereum dropped to $2,110 and Solana fell to $84. Hyperliquid's pre-IPO platform saw SpaceX trading volume of $40 million in 12 hours, while CME Group and ICE lobbied regulators to curb Hyperliquid, citing risks of manipulation and sanctions evasion. Hyperliquid defended its transparency, noting all transactions are onchain. President Trump's family trust disclosed crypto-related stock trades including Coinbase, Robinhood, and MARA Holdings, raising conflict-of-interest questions as the Clarity Act advances. Drake's new album referenced Sam Bankman-Fried, who responded from prison. Aave restored WETH loan-to-value ratios to pre-exploit levels across multiple networks.
Key facts
- Bitcoin falls to $77,400 as bond yields spike, ETFs see $1B weekly outflow
- Hyperliquid faces lobbying from CME and ICE over oil futures and anonymity
- SpaceX pre-IPO trading launches on Hyperliquid with $40M volume in 12 hours
- Trump family trust discloses crypto stock trades worth over $100k
- Drake name-drops Sam Bankman-Fried on new album; SBF responds from prison