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Dogecoin and Hyperliquid’s HYPE recorded the largest weekly losses among major cryptocurrencies as investors continued directing capital toward equities instead of digital assets. Dogecoin fell 9.6% to nearly $0.076, while HYPE dropped 9.9% during the seven-day period.
Ether declined 8.4% to about $1,581, while XRP lost 7.8% and traded near $1.06. Meanwhile, Solana and Tron remained relatively stable at roughly $72 and $0.32. Bitcoin showed greater resilience than other leading tokens. It fell 5.3% to around $60,345 on Saturday after briefly touching approximately $58,800 during Friday’s trading session.
Buyers quickly returned after Bitcoin approached the $58,000 region late Thursday and early Friday. Their activity pushed the cryptocurrency back above $60,000 after both downward moves. FxPro chief market analyst Alex Kuptsikevich linked the sharp declines to margin position liquidations during sudden market drops. He said pending buy orders then supported the recoveries.
Kuptsikevich also warned that institutional investors could continue reducing cryptocurrency exposure to protect their balance sheets. Such activity may produce further pressure and repeated liquidation-driven price swings.
US spot Bitcoin exchange-traded funds recorded outflows during the week. At the same time, a hawkish Federal Reserve and a strong dollar added pressure across the digital asset market.
Bitcoin also remained near its 200-week moving average. The long-term technical level has previously accompanied extended periods of weak market performance.
Could Bitcoin continue defending the $60,000 region while institutional sentiment and ETF flows remain under pressure?
Dogecoin extended its broader decline with a 4% loss during the latest 24-hour period. The memecoin now trades about 90% below its record high, which it reached five years earlier.
The token also broke below a sideways trading range that had remained intact since February. A retest near $0.08926 confirmed the breakdown before the price moved beneath February’s previous low. Furthermore, Dogecoin remained below its 200-day moving average. The rejection kept sellers in control and maintained the wider bearish market structure.
Shorter timeframes also showed Dogecoin repeatedly failing below a descending trendline. Meanwhile, the Chaikin Money Flow reading stood at negative 0.17, signalling continued capital outflows.
Still, net trading volume increased 98.85%, suggesting that some buyers had entered the market. The momentum reading also began turning higher despite continued bearish control.
Analyst Ali Martinez reported that the TD Sequential indicator produced a daily buy signal. The signal suggested that the current decline could pause if Dogecoin maintained crucial support.
The setup requires Dogecoin to remain above $0.073, which could open a move toward $0.081. A decline below $0.073 would invalidate the signal and maintain the bearish structure.
The S&P 500 finished almost unchanged, although most companies within the index recorded gains. The equal-weighted version reached a record high as investors moved beyond the largest technology companies. Semiconductor shares extended their decline after previously leading the artificial-intelligence rally. Even so, the sector remained positioned for its strongest quarterly performance on record.
Also Read: Is Dogecoin a Smart Investment in 2026? 4 Risks to Consider Before Buying at $0.07
Capital leaving chipmakers flowed into other areas of the stock market rather than exiting risk assets entirely. Falling oil prices also supported broader market sentiment.
However, cryptocurrencies failed to attract that rotating capital. Investors remained selective as concerns grew over elevated artificial-intelligence stock valuations and weakening conditions across digital assets.
The artificial-intelligence trade continued, but expectations of uninterrupted gains weakened. For now, equity investors have favored companies linked to stable growth while avoiding major cryptocurrencies.
Dogecoin and HYPE led the week’s crypto losses as Bitcoin held near $60,000 despite ETF outflows, institutional selling, and a strong dollar. Dogecoin’s bearish structure points to continued risk unless $0.073 holds. Traders should monitor support levels, fund flows, and broader market sentiment before taking new positions.
