Ether (ETH) fell twice as hard as bitcoin on Friday, and hyperliquids HYPE fell more than five times as hard as a selloff in Asian semiconductor stocks dragged down all major cryptocurrencies.
Ether fell 4% to $1,850, though it remains up 4% over seven sessions and is the only major still in the green for the week. HYPE was the worst of them at $60, down 10% on the day and 12% on the week, its steepest stretch since June. Solana fell 2% to $75 and is 5% off for the week.
XRP fell 2% to $1.09, BNB fell 2% to $571, TRON fell to 32 cents and dogecoin lost 2%. Bitcoin was the best performer of the group, down 2% to around $63,400 and 1% on the week after failing twice at $65,000.
Sales started in semiconductors. MSCI’s Asia-Pacific shares fell 3%, heading for the lowest close in two months, while Japan’s Nikkei 225 fell 5% in its worst session since March. Taiwan Semiconductor was on course for its biggest one-day drop since April 2025, and Japan’s Kioxia sank as much as 16%.
