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Dogecoin, Ether Lead Broad Crypto Pullback as Markets Digest Tech Earnings Jitters
Dogecoin fell 4.5% and ether dropped 2.5% on Friday, topping the list of decliners across major cryptocurrencies as the market took a breather following a strong weekly run-up. The retreat was broad but shallow, with most assets still holding gains for the seven-day period.
There was no single catalyst behind Friday's decline. Instead, the pullback appeared to be a natural consolidation phase after days of upward momentum. Bitcoin, the largest cryptocurrency by market capitalization, dipped just 0.6% to approximately $65,400, demonstrating relative resilience compared to its smaller counterparts.
XRP and Solana each slipped roughly 2.5%, mirroring ether's pace of decline. Hyperliquid stood out as the weakest performer among tracked assets, falling 3.5%. The broad-based nature of the selloff , without any crypto-specific headline driving it , points to risk-off sentiment spilling over from traditional markets.