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Crypto losses led by Dogecoin and HYPE as AI stocks attract investors, Bitcoin holds steady near $60K.

Market News
27 Jun 2026
Coindesk
View Source
Bearish
pluang ai news

Major cryptocurrencies fell this week as investors favored AI-related stocks, with Dogecoin and Hyperliquid's HYPE dropping about 10%. Bitcoin was more resilient, dipping 5.3% but quickly rebounding from lows near $58,000 due to aggressive buying. Crypto faces pressure from US bitcoin ETF outflows, a hawkish Federal Reserve, and a strong dollar, while stock markets rotate away from chipmakers into broader growth sectors. Despite risk appetite in equities, crypto is not benefiting from the current market optimism.

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