Hyperliquid price just took a hit, but not because of something crypto-related. Real-world chaos led to a widespread decline in the entire crypto market. As missiles flew between Israel and Iran, the market tanked, and Hyperliquid was not excluded.
From $41.82 to $40.62, which resulted in around a 4,8% dip. Nothing catastrophic, but at the same time whole crypto market lost $250 billion, which is close to the whole capitalization of Ethereum.
Hyperliquid Tanks – Is Crypto Price Going to Rebound
The 13th of June selloff hit almost every crypto project, Bitcoin, Ethereum, Solana, Hyperliquid and even some god forgotten shitcoins. While most crypto traders were watching Bitcoin bleed, Hyperliquid quietly dropped almost 5% in under 24 hours. Israeli direct strike on Iran resulted in this massive drop across the whole crypto market.
🚨Breaking 🚨
Israel Attacked Iran's Capital
Markets will be highly volatile…keep your positions safe ! #Israel #Iran #War #Bitcoin #CryptoCrash #PiNetwork pic.twitter.com/7dz6CD33pE
— MAHIDHAR CRYPTO (@Mahidhar_Crypto) June 13, 2025
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The situation spread across crypto also as oil spiked 10%, and gold jumped to $3,428, and stocks slipped as fear surged. Traders immediately dumped altcoins and every high-risk asset, which resulted in a bloodbath.
With Bitcoin dumping 5%, Ethereum 10%, and Solana 11%, Hyperliquid 4,8% looks like a hiccup. The good part is that there is nothing wrong with the project, and once everything calms down, this could be a very juicy place to enter the market and wait for a rebound.
Liquidations flew past $1.2 billion, open interest sliced nearly 10%, and the RSI hit 2,8, which is heavy oversold territory. Yet some indicators show that this could be short-term panic and derisking rather than the start of a downtrend.
🚨BREAKING: Over $1bn liquidated from the crypto markets as Israel launches a strike on Iran 📉 pic.twitter.com/Xiy3L72aX6
— Coin Bureau (@coinbureau) June 13, 2025
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Everybody hopes this conflict gonna be short-lived, and this would be a good place to enter the market. But if that won’t happen, we have to brace for even more volatility on the market.
If the first scenario plays out, Hyperliquid can bounce hard, and every drop would be deleted for minutes. For now, this looks like a classical macro-driven dip, and all eyes are on BTC and assets like Oil and Gold.
Meanwhile, in Galaxy Far Far Away…
While the world is shaking under the attacks between Israel and Iran, and projects like Hyperliquid drops, SOLAXY is preparing for liftoff. A peaceful lift off, of course. One that will make a lot of eyes turn towards the project.
With the presale near its end and less than 3 days on the horizon, people are gearing up to witness the start of a new era for Solana. It is pointless to say that SOLAXY would be one of the best presales on the market.
The team behind it combines tech with meme to improve the Solana game and also give degens what they want. Huge green candles. With the SOLAXY testnet live and launching on major exchanges, $SOLX will gain a lot of awareness and volume for sure.
Having raised almost $50 million, this would be one of the epic launches ever. Volatility would be through the roof, even more than today’s events.
It's now clear… NOTHING can slow $SOLX down. 🛸🪐
49M Raised! 🔥 pic.twitter.com/uEFZXiROcQ
— SOLAXY (@SOLAXYTOKEN) June 13, 2025
With more than 13,7 billion coins in the staking pool and billions burned, it is amazing that they offer 84% APY.
Be sure to secure the best price that u can find right now, $0.001756, and enjoy the beginning of the new chapter for Solana.
For the latest updates on the project, connect with the SOLX community on X and Telegram.
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