finance
Ether XRP and Dogecoin Fall Sharply as Tech Stocks Slide
Major cryptocurrencies declined on June 26, 2026, with ether dropping 5.6 percent and bitcoin trading near 59,888 dollars amid a tech-led selloff. Broader markets saw Apple shares fall 6.1 percent and South Korea's Kospi index drop as much as 9 percent.
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Ether fell 5.6 percent over the prior 24 hours to about 1,555 dollars on June 26, 2026, according to CoinDesk data. XRP declined 4.9 percent to 1.03 dollars and dogecoin slid 3.8 percent to 0.074 dollars over the same period. Bitcoin traded around 59,888 dollars after dipping near 58,000 dollars earlier in the day.
It posted a 2.7 percent daily loss and a 4.5 percent weekly decline. Solana held at 68 dollars, down 1.2 percent for the week. Hyperliquid's HYPE token fell 5.4 percent while Tron rose 0.4 percent. The moves occurred alongside a broader decline in risk assets.
Apple shares dropped 6.1 percent after the company raised prices on Macs, iPads and home devices. South Korea's Kospi index fell as much as 9 percent, triggering its second trading halt of the week, as SK Hynix and Samsung shares each declined more than 8 percent. Nasdaq 100 futures fell 1.5 percent.
Brent crude slipped below 74 dollars a barrel after a projectile strike on a vessel in the Strait of Hormuz. Gabe Selby, head of research at CF Benchmarks, said bitcoin had pulled back into the 50,000 to 60,000 dollar zone. He identified 55,000 dollars as the support level to watch and 61,000 to 62,000 dollars as the range bulls need to reclaim.
CoinDesk reported that bitcoin has not traded below the 50,000 to 60,000 dollar zone in nearly two years.
