Dogecoin and Hyperliquid lead weekly crypto losses as AI stocks draw investors

Dogecoin fell 9.6% and Hyperliquid's HYPE dropped 9.9% over the week as investors rotated into AI stocks. Bitcoin was relatively resilient, down 5.3%, repeatedly bouncing from $58,000 dips.

• Dogecoin (-9.6%) and Hyperliquid's HYPE (-9.9%) led losses; Ether fell 8.4% to ~$1,581; XRP dropped 7.8%.
• Bitcoin proved steadier at -5.3%, repeatedly rebounding from $58,000 on aggressive dip-buying.
• US spot bitcoin ETF outflows, a hawkish Fed and a strong dollar continue to weigh on crypto.
• The equal-weight S&P 500 hit a record high as money rotated out of semiconductors into broader equities, bypassing crypto.

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