Dogecoin and Hyperliquid HYPE lead weekly crypto losses as AI stocks lure buyers
Dogecoin and Hyperliquid's HYPE token fell nearly 10% over the past week, leading major crypto losses as capital rotated into AI-related equities, while Bitcoin held relatively steady with a 5.3% decline.
Dogecoin and Hyperliquid's HYPE token led the week's losses among major cryptocurrencies, falling nearly 10% as investor capital continued to rotate into artificial-intelligence-related equities and away from digital assets.
Dogecoin slid 9.6% over seven days to about $0.076, while HYPE lost 9.9%, the steepest declines among the majors tracked by CoinDesk. Ether dropped 8.4% to roughly $1,581, and XRP fell 7.8% to $1.06. Solana and Tron held up better, ending roughly flat on the week at $72 and $0.32, respectively. Bitcoin was the steadiest major, down 5.3% to around $60,345 after dipping to about $58,800 on Friday before recovering. The rotation out of crypto and into AI stocks reflects a broader risk-on shift favoring sectors with direct exposure to the ongoing artificial-intelligence boom, which has drawn significant liquidity from speculative assets like meme coins and smaller tokens. Live crypto prices and charts on NowPrice show how the market is reacting to this capital rotation in real time.
The divergence between Bitcoin's relatively modest decline and the steeper drops in altcoins suggests that traders are reducing exposure to higher-beta tokens while maintaining some core positions in Bitcoin. This pattern is consistent with historical periods when macro uncertainty or sector rotation drives selective selling. The AI equity rally has been a persistent theme this year, and its impact on crypto liquidity is becoming more pronounced as institutional investors allocate funds toward AI-related stocks and away from digital assets. The outflows from crypto could intensify if AI stocks continue to outperform, but Bitcoin's resilience near $60,000 may provide a floor for the broader market.
Looking ahead, traders will watch for any shift in the AI stock narrative, such as earnings reports or regulatory developments, that could reverse capital flows. On the crypto side, key support levels for Bitcoin around $58,000 and resistance near $62,000 will be closely monitored. The weekly close on Sunday will be important for determining short-term momentum. Additionally, any macroeconomic data that influences risk appetite, such as US jobs numbers or Fed commentary, could further affect the rotation between AI equities and cryptocurrencies.