Buybacks get pushback, and markets rebound

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Markets caught a much needed bid yesterday, snapping a multi-day losing streak. The rebound stretched across both equities and crypto, fueled by optimism that Trump-era tariffs could be rolled back. We look at which sectors led the charge, how subnet tokens continue to defy gravity post-crash, and the debate heating up over Hyperliquid’s HIP-5 proposal.

Indices

After several days in the red, markets found relief yesterday as all major benchmarks posted gains. The rebound was led by BTC and the tech-heavy Nasdaq, which rose 2.36% and 1.15%, respectively.

Optimism was partly fueled by the…

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