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The price of Hyperliquid (CRYPTO: $HYPE) is down 10% on July 17 and leading cryptocurrencies lower as stock markets around the world retreat.
HYPE is the worst-performing digital ***** et on the day, trading at $60 U.S. and down 10%. For the week, Hyperliquid has seen its price fall 12%, its steepest decline since June.
The selloff in HYPE comes with other major cryptocurrencies sliding lower. In early trading, Bitcoin (CRYPTO: $BTC) is down a little more than 1% and trading at $63,000 U.S.
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