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Jamie Redman

Hyperliquid Oil Perps Touch $106 as Trump Issues May 17, 2026 Iran Warning; BTC Dips Under $77K

On May 17, 2026, President Donald Trump warned Iran on Truth Social as U.S.-Iran ceasefire talks remained stalled, keeping oil futures above $100 per barrel. Hyperliquid's oil perpetuals saw Brent near $106.14 and WTI around $102.48, with combined open interest above $481 million. Bitcoin slid to an intraday low of $76,690 as broader crypto markets weakened.
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