business

Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

CNBC · Jun 7, 2026, 6:56 PM · Also reported by 4 other sources

As bitcoin dropped to its lowest price since 2024, investors flock to a new type of crypto investment linked to the hyperliquid platforms, HYPE ETFs.

Read full story on CNBC → More top stories

Also covered by

Yahoo Finance 1 Unstoppable Crypto to Buy Before It Soars 3,000%, According to Wall Street's Tom Lee CoinDesk Abra’s Bill Barhydt says Wall Street’s next crypto bet is tokenization Yahoo Finance TKO's strong earnings sent Wall Street a warning anyway Yahoo Finance Why Wall Street Sees Danaher (DHR) Benefiting From Improving Industry Conditions

Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

Also covered by

More in business