🔴 Hyperliquid Strategies Inc is trading 6.5% down today as major cryptocurrencies sell off

Hyperliquid Strategies Inc is trading 6.5% down at $9.70 as major cryptocurrencies sell off and broader risk sentiment weakens.

• The decline follows several days of strong gains into early June, marking a sharp pullback for crypto-linked assets.
• Major digital assets, including Bitcoin and Ethereum, have seen significant selling pressure over the past 24 hours.
• The downturn is pressuring blockchain-exposed stocks and companies with crypto-treasury holdings as investors retreat from risk-on positions.