crypto selloff as tech stocks tumble

A broad crypto selloff as tech stocks tumble hit markets, with Ether down 5.6% over 24 hours to about $1,555 and off 7.9% for the week. XRP fell 4.9% to $1.03, sliding 8.5% on the week, while Dogecoin declined 3.8% to $0.074 and is down 9.8% over seven days. The crypto losses coincided with a wider tech decline, including a 6.1% drop in Apple shares that contributed to a two‑week low in global stocks.

Ether fell 5.6% over 24 hours to about $1,555 and is down 7.9% on the week. XRP fell 4.9% to $1.03 and lost 8.5% over the week. Dogecoin slid 3.8% to $0.074 and fell 9.8% over seven days. The reported percentage moves refer to the 24‑hour and seven‑day intervals described for those tokens.

Solana was trading at $68 and was off 1.2% on the week. Hyperliquid’s HYPE declined 5.4% during the selloff. Tron was the lone gainer, rising 0.4%. Solana’s $68 price level was the only other explicit token price level provided for that group.

Bitcoin dipped near $58,000 before recovering toward $60,000 and was trading around $59,888. Bitcoin was down 2.7% on the day and 4.5% on the week. Analysts noted $55,000 as support and $61,000 to $62,000 as resistance. Bitcoin was described as having pulled back into the $50,000 to $60,000 zone today.

Apple shares fell 6.1%, contributing to a two-week low in global stocks. Kospi tumbled as much as 9%, while SK Hynix and Samsung both fell more than 8%. Those declines were recorded among major technology-linked equities during the same market move. The reported moves in Apple, Kospi, SK Hynix and Samsung were noted alongside the crypto selloff.

Brent crude slipped below $74 a barrel. A vessel strike on a ship in the Strait of Hormuz briefly revived supply concerns. Both the drop in Brent and the vessel strike were reported in coverage of market developments during the selloff. The incidents were mentioned as part of the wider market context for the selloff.

Coverage included the comment: “much of the new money and investor attention has flowed into AI plays lately, leaving crypto fighting for a smaller share of overall risk appetite, and described the move as a broad market cooldown rather than anything broken in crypto itself.” The comment described the shift of investor attention into AI plays and characterized the market action as a broad market cooldown. The coverage presented that assessment without assigning the move to crypto-specific failures.

“Bitcoin has pulled back into the $50,000 to $60,000 zone today, and if history is any guide, this is where buyers step in,” one analyst said. “Selby sees the current zone as the one that has historically halted bitcoin’s declines.” Analysts also noted $55,000 as support and $61,000 to $62,000 as resistance.

The episode combined a broad crypto selloff as tech stocks tumble with declines in major technology-linked equities and brief commodity and supply concerns.

Market analysts noted that investor attention has flowed toward AI-related plays, and they reported that bitcoin had pulled back into a mid-range price zone and that specific support and resistance levels were being watched.

The account framed the moves as linked market developments rather than isolated crypto failures.