Crypto majors slide as AI stock rotation lifts equities

Crypto majors fell for the week as capital rotated into AI-related equities, with Dogecoin and Hyperliquid’s HYPE token leading losses at roughly 9-10%. Ether dropped about 8% to around $1,555-1,581, XRP fell approximately 7-8.5%, and Bitcoin declined 4-5% to the $59,000-61,000 range, briefly dipping near $58,000 before recovering. Solana held up better. Gabe Selby of CF Benchmarks told CoinDesk that much of the new money has flowed into AI stocks, leaving crypto fighting for a smaller share of risk appetite – ‘a broad market cooldown rather than anything broken in crypto itself.’ External pressure intensified Friday when Apple shares fell over 6% on price-hike news, pulling chipmakers and tech broadly lower globally.