Will Hyperliquid’s 3x revenue drop keep HYPE’s price below $60?

Institutional demand for HYPE has dried up over the past few days. According to AMBCrypto, institutional demand for hype has dried up over the past few days.. The development comes amid ongoing regulatory scrutiny in the sector. AMBCrypto reports that this marks a significant milestone for the industry. The AMBCrypto report provides additional context on the implications for market participants and regulatory frameworks moving forward.