Bitcoin nears $60K as a two-day Nasdaq selloff spills into crypto markets. Fear and Greed Index hits 17 with ETH, SOL, and XRP all declining.

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.

The Nasdaq posted its worst day since April 2025 as investors question $650 billion in AI spending plans, dragging Bitcoin below $67K in a broad risk-off