The crypto market slid as the US equity market opened in negative territory, with the NASDAQ closing down 2%. As of now, $BTC is trading at $86,912 and $ETH at $2,009. Bitcoin dominance stands at 61.78%.
Hyperliquid was once again targeted in an attack where a user opened a large short position on the platform while simultaneously purchasing a massive amount on the spot market. This forced Hyperliquid to take over and liquidate the short position, resulting in a significant loss of HLP.
A few notable headlines included: Trump announced a 25% tariff on all non-U.S. manufactured cars, Wyoming moves to launch the first state-issued 'stable token' in July, and GameStop revealed a proposed private offering of $1.3 billion in convertible senior notes.
Over the past 24 hours, the top three gainers were $CRV, $SUI, and $MKR, while the top three losers were $CAKE, $CHEEMS, and $HYPE.
