Trump hints at an end to conflict in the Middle East and hyperliquids sees historic trading volume for tokenized futures.

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Crypto is leading a broader market rally after a positive signal from the White House.

Bitcoin gained nearly 4% pushing back up to $71,000 and ether has finally broken past its

$2,000 resistance level. The surge comes as President Donald Trump stated that the conflict in Iran would come to

an end very soon, prompting U.S. equities and precious metals to rally as well. The potential

for a shorter than expected conflict has caused oil and the U.S. dollar index to give back much of

their recent gains. While the weakening DXY lead to a larger Bitcoin breakout, as of this morning,

the largest cryptocurrency by market

cap is trading just below $71,000. Decentralized Exchange Hyperliquids' permissionless platform,

which lets anyone create perpetual futures tied to any asset, is more popular than ever.

The market just hit a record $1.2 billion in open interest on Sunday. It has since remained at all-time

highs in a sign of growing adoption and activity on the platform. According to ARCA, only seven

of the top 30 markets on the platform are crypto pairs. The vast majority are tokenized commodities

and equities. As the conflict in the Middle East intensified over the weekend, traders flocked to hyperliquid with traditional markets closed.

The oil-focused CLUSDC contract saw a staggering $1.62 billion in trading volume in just 24 hours.

And Michael Saylor's strategy sold a record number of its perpetual preferred equity stretch and used the proceeds to purchase an

estimated 1,420 Bitcoin. This regressive accumulation follows last week's massive $1.3 billion

purchase of roughly 18,000 coins. To keep the buying pressure up, strategy recently raised the

dividend rate on STRC to 11.5% and amended its sales agreement to allow

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