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Bitcoin falls to $62,600 as investors trim risk exposure after AI stock selloff; technical indicators signal caution
Bitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. ETF outflows, weak liquidity and a hawkish Fed added pressure. Technical indicators suggest caution, with BTC trading in a defined range as investors reassess exposure to high-risk assets.
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coindesk.com
ETH, SOL, DOGE price news: Bitcoin slips toward $63,000 amid tech selloff
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.
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economictimes.indiatimes.com
Bitcoin trades near $64,000, extends June consolidation amid cautious market sentiment
Bitcoin remained under pressure and traded near the $64,000 level, extending Junes consolidation as cautious sentiment and ETF outflows weighed on markets. However, improving…
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Bitcoin slides to $62,300 as tech stock rout drags crypto lower
Bitcoin lost 2.5% to $62,300 and ether fell over 4% to $1,650, while $717 million in liquidations amplified losses across altcoins.
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Bitcoin's June fall below $60,000 highlights new institutional headwinds: Deutsche Bank
BTC's drop to its lowest level since late 2024 reflects a hawkish Federal Reserve, exchange-traded fund outflows and a shift of capital into AI, the bank said.
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BTC price news: Bitcoin drops to $62,000 as the chip selloff deepens for a second day
A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.
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Bitcoin falls to $62,600 as investors trim risk exposure after AI stock selloff; technical indicators signal caution
Bitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. ETF outflows, weak liquidity and a…