Dogecoin and Hyperliquid's HYPE led weekly crypto losses as AI stocks lure buyers
A rotation out of chipmakers lifted much of the stock market, with the equal-weight S&P 500 at a record. Crypto was not part of it. Ether fell 8% on the week and the memecoins dropped harder.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Hyperliquid is showing up inside the Memecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
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