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Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers

Crypto CoinDesk By Shaurya Malwa 27 Jun 2026 07:43 1 min read
Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers

A rotation out of chipmakers lifted much of the stock market, with the equal-weight S&P 500 at a record. Crypto was not part of it. Ether fell 8% on the week and the memecoins dropped harder.

A rotation out of chipmakers lifted much of the stock market, with the equal-weight S&P 500 at a record. Crypto was not part of it. Ether fell 8% on the week and the memecoins dropped harder.

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