Hyperliquid News Today: Trump Clashes with Greene Regarding Epstein Documents Amid Crypto's Institutional Expansion and Market Fluctuations

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Bitget-RWA2025/11/19 04:08

By:Bitget-RWA

- Trump withdraws support for Rep. Greene over Epstein files dispute, deepening GOP fractures amid IRS chief reversal and government reopening. - AMINA AG becomes first foreign crypto bank in Hong Kong with SFC license, expanding institutional access to Bitcoin and Ethereum . - Altcoins like Stellar (XLM) and Hyperliquid (HYPE) face sharp declines due to liquidation pressures and liquidity risks in decentralized markets. - Political tensions and crypto volatility highlight divergent challenges as instituti

Trump Pulls Endorsement from Greene Over Epstein File Dispute as Crypto Sector Sees Institutional Growth and Price Swings

Former President Donald Trump’s sudden decision to rescind his support for Rep. Marjorie Taylor Greene (R-Ga.) has deepened divisions within the Republican Party, centering on Greene’s push to make Jeffrey Epstein-related documents public. Trump

voiced criticism of Greene on Truth Social

, labeling her a "RINO" and accusing her of "complaining" after he declined to endorse her for a possible Senate or governor run. In response, Greene

claimed the president was leveraging the Epstein probe

to "set an example" and discourage other GOP members from demanding openness. This dispute highlights deeper Republican rifts over sensitive investigations and comes amid a week of political upheaval,

including Trump’s withdrawal of his IRS chief counsel pick

and the government’s reopening after a short shutdown.

The controversy over the Epstein files, which has attracted attention from both parties, saw a major update when

the Justice Department stood by its conclusions

in July 2025, asserting there was no client list or new criminal charges to report. Nonetheless, there is ongoing pressure on the administration to unseal documents,

with lawmakers in the House submitting discharge petitions

to force a vote. The issue has become a rallying point for Trump’s supporters,

with figures like Sen. Ron Johnson

and Sen. Tommy Tuberville coming to Greene’s defense, while others, such as Sen. Rand Paul, have remained quiet.

The crypto industry is currently experiencing both growing institutional involvement and significant price fluctuations. Swiss digital asset bank AMINA AG has established itself as a major player in Hong Kong’s fast-changing crypto scene.

The bank obtained a Type 1 license

from the Securities and Futures Commission (SFC), making it the first global institution to provide crypto trading and custody services to professional clients in Hong Kong. AMINA’s local branch now offers support for 13 cryptocurrencies, including

Bitcoin

and

Ethereum

and is preparing to introduce structured products

and tokenized investment options. This development fits into Hong Kong’s broader ambitions to become a worldwide crypto center,

reflected in new stablecoin rules

and the authorization of 10 virtual asset trading platforms.

Hyperliquid News Today: Trump Clashes with Greene Regarding Epstein Documents Amid Crypto's Institutional Expansion and Market Fluctuations image 0

Yet, alternative coins faced setbacks as

Stellar

(XLM) and Hyperliquid (HYPE) saw notable drops.

XLM fell by 3.09% in a single day

, breaching key support zones amid increased trading activity and a general risk-off mood.

Market watchers linked the decline

to forced liquidations and tepid institutional interest, with the token now hovering near the $0.25 mark. Likewise,

Hyperliquid’s HYPE token slipped under $39

after its market maker, Hyperliquid Provider (HLP), took a $4.9 million hit during a stress test involving Popcat (POPCAT) trades. The episode

highlighted weaknesses in decentralized exchange liquidity

, as HYPE’s futures open interest dropped and retail participants pulled back.

The contrasting stories—political infighting and shifts in the crypto market—illustrate the varied challenges facing investors. While the dispute between Greene and Trump and the ongoing Epstein files debate stoke partisan conflict, AMINA’s expansion in Hong Kong points to rising institutional trust in regulated crypto offerings. At the same time, sharp altcoin price swings underscore persistent macroeconomic worries and liquidity issues in decentralized finance.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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