🚨 Dogecoin and Hyperliquid’s HYPE led weekly crypto losses as AI stocks lure buyers 🚨
Crypto markets fell for the week as investors rotated into AI-linked stocks and away from major tokens. Dogecoin and Hyperliquid’s HYPE were the worst performers among the majors, while bitcoin held up relatively better after rebounding from a dip near $58,000.
🔑 Key highlights:
🔹️ Dogecoin fell 9.6% for the week to around $0.076.
🔹️ Hyperliquid’s HYPE dropped 9.9%, leading losses among the majors.
🔹️ Ether slid 8.4% to about $1,581, and XRP lost 7.8% to around $1.06.
🔹️ Solana and TRON were comparatively resilient, ending the week roughly flat.
🔹️ Bitcoin fell 5.3% to about $60,345 but repeatedly bounced after testing the $58,000 area.
🔹️ Analysts said the move reflected stronger demand for AI stocks, plus crypto-specific headwinds like ETF outflows, Fed policy, and a strong dollar.
🎯 Bottom Line: Crypto is still under pressure while traders chase the AI trade in equities, with memecoins and newer speculative assets taking the biggest hit.
https://www.coindesk.com/markets/2026/06/27/dogecoin-and-hyperliquid-s-hype-led-weekly-crypto-losses-as-ai-stocks-lure-buyers