Hyperliquid News Today: Trump Feuds with Greene Over Epstein Files as Crypto's Institutional Push vs. Volatile Dips

Trump Withdraws Support for Greene Amid Epstein Files Dispute as Crypto Market Sees Institutional Expansion and Price Volatility

President Donald Trump's abrupt withdrawal of endorsement for Rep. Marjorie Taylor Greene (R-Ga.) has intensified tensions within the GOP, with the dispute centered on Greene's efforts to release files related to the Jeffrey Epstein case. Trump criticized Greene in a Truth Social post, calling her a "RINO" and accusing her of "complaining" over his refusal to back her potential Senate or gubernatorial bid. Greene, in turn, accused the president of using the Epstein investigation to "make an example" of her to deter other Republicans from pushing for transparency. The feud underscores broader Republican fractures over handling sensitive investigations and aligns with a week of political turbulence, including Trump's reversal of his IRS chief counsel nomination and the government's reopening after a brief shutdown.

The Epstein files saga, which has drawn bipartisan scrutiny, saw a key development as the Justice Department defended its findings in July 2025, stating no evidence of a client list or new criminal charges. Despite this, pressure remains on the administration to declassify records, with House members filing discharge petitions to force a vote. The controversy has become a flashpoint for Trump's base, with allies like Sen. Ron Johnson and Sen. Tommy Tuberville publicly defending Greene while others, including Sen. Rand Paul, remain silent.

The cryptocurrency market is navigating both institutional expansion and price instability. Swiss crypto bank AMINA AG has emerged as a key player in Hong Kong's rapidly evolving digital asset landscape. The bank secured a Type 1 license from the Securities and Futures Commission (SFC), becoming the first international institution to offer crypto trading and custody services to professional investors in the city. AMINA's Hong Kong subsidiary now supports 13 cryptocurrencies, including Bitcoin and Ethereum, and plans to expand into structured products and tokenized assets. The move aligns with Hong Kong's broader push to become a global crypto hub, marked by new stablecoin regulations and the approval of 10 virtual asset trading platforms.

However, altcoin markets faced headwinds as Stellar (XLM) and Hyperliquid (HYPE) experienced sharp declines. XLM dropped 3.09% in 24 hours, breaking critical support levels amid rising volume and a broader risk-off sentiment. Analysts attributed the slide to liquidation pressures and weak institutional demand, with the token now testing the $0.25 psychological level. Similarly, Hyperliquid's HYPE token dipped below $39 after its market maker, Hyperliquid Provider (HLP), absorbed a $4.9 million loss in a stress test involving Popcat (POPCAT) trades. The incident exposed vulnerabilities in decentralized exchange liquidity, with HYPE's futures open interest declining as retail traders retreated.

The contrasting narratives-political discord and crypto market shifts-highlight divergent challenges for investors. While Greene's clash with Trump and the Epstein files saga fuel partisan debates, AMINA's Hong Kong expansion signals growing institutional confidence in regulated crypto services. Meanwhile, volatile altcoin prices reflect ongoing macroeconomic uncertainties and liquidity strains in decentralized markets.