What happened in the crypto market last night?


• X deploys X Money for certain Premium+ users with up to $10 million in insurance via the X Cash Sweep program
• Kalshi's daily trading volume reaches a record $1.7 billion
• Hyperliquid hits a record 8.6% share of global open interest in perpetual contracts
• South Korea's KOSPI exchange was halted after an 8% drop, triggering a circuit breaker
• BitGo cuts 15% of its workforce to refocus on AI-related infrastructure and stablecoins
• 53% of all BTC in circulation are currently held at an unrealized loss
KALSHI-14.68%
HYPE2.22%
BTC-2.20%
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