Bitcoin falls with Asia stocks as a major tech sell-off sends BTC price action toward new macro lows and traders brace for $60,000 support to fail.

Bitcoin’s drop to $23,980 remains the worst-case scenario as weaker ETF flows and low US demand show big investors are still cautious.

A rotation out of this year's best AI and chip stocks sank Asian markets, with South Korea's Kospi down 6%, and crypto fell with them. Bitcoin is down more than 3% on the week.