ETH, XRP, DOGE price news: Majors fall 9% over week as AI stocks lure buyers
Major cryptocurrencies declined over the past week as AI stocks attracted buyers across the broader market, and crypto largely did not participate in the rally. Over the seven-day period, Dogecoin slid 9.6% to about $0.076, Ether dropped 8.4% to about $1,581, XRP fell 7.8% to $1.06, and Bitcoin was down 5.3% to around $60,345. Solana and Tron were roughly flat on the week at about $72 and $0.32, respectively.
Over the seven-day period, Dogecoin slid 9.6% to about $0.076 and Hyperliquid’s HYPE fell 9.9%, both percentage changes recorded during the weekly assessment of token prices in US dollar terms. Ether dropped 8.4% to around $1,581 while XRP declined 7.8% to $1.06 during the same week, each change noted as the percentage move for that cryptocurrency across the seven-day interval. Bitcoin declined 5.3% to about $60,345 and dipped to about $58,800 on Friday before recovering later in the period, with the intraday low and subsequent rebound captured within the weekly price series.
Solana and Tron were roughly flat on the week at about $72 and $0.32, respectively, and these figures together present the specific weekly price movements among the major cryptocurrencies highlighted in the report in the published weekly summary document.
AI-related optimism lifted the broader stock market over the week, with the equal-weighted S&P 500 hitting a record high while the benchmark S&P 500 finished the period little changed. Market flows rotated away from chipmakers into a wider set of stocks, a rotation noted in market coverage of the period. Cryptocurrency markets largely did not participate in that equity rally, and outflows from U.S. spot bitcoin ETFs weighed on crypto prices across the week. The report cited the 200-week moving average as a long-term line for crypto price action and referenced it as a technical benchmark within the weekly analysis. These points together outline the divergence between the AI-driven equity strength and the subdued performance of major crypto assets during the seven-day window.
Alex Kuptsikevich, FxPro chief market analyst, said, “Bitcoin approached $58K at its lows late Thursday and early Friday, but in both cases, aggressive buying quickly pushed it back into the $60K range.”
He also said, “This pattern resembles margin position liquidations during downtrend spikes, followed by strong buying on pending orders during the recovery.”
He added that, “Given deteriorating sentiment among institutional investors and their ability to quickly divest from cryptocurrencies to stabilise their balance sheets, it is worth preparing for continued pressure and periodic sell-off spikes by leveraged traders.”
Cryptocurrency prices declined over the week while investor interest shifted toward AI-related stocks and broader equity gains. Major tokens were subdued as the equal-weighted S&P 500 reached a record high and market flows rotated from chipmakers into a wider set of stocks. Outflows from U.S. spot bitcoin ETFs and attention on long-term technical lines, such as the 200-week moving average, were noted as weighing on crypto sentiment during the period.
