Bitcoin slid below $60,000 and Ether fell harder still on Wednesday, as a selloff in AI and semiconductor stocks and rising bets on a Federal Reserve rate hike pushed investors out of risk assets across the board.

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.

Bitcoin lost 2.5% to $62,300 and ether fell over 4% to $1,650, while $717 million in liquidations amplified losses across altcoins.

Bitcoin slipped to $62,000 as a stronger U.S. dollar and broader risk-off sentiment pressured crypto markets ahead of key inflation data.

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.

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…

Bitcoin dropped below $60,000 as more than $650 million in crypto positions were liquidated and crypto related stocks sold off.

Bitcoin dropped below sixty thousand dollars for the first time since late 2024, dragged down by the same chip and AI stock selloff hitting world markets.

Bitcoin, now in the eighth month of its bear market, dropped to an October 2024 low amid a pullback in tech stocks.

Bitcoin dropped below $60,000 to a 20-month low as $6.4 billion in US ETF outflows and a retail investor shift toward AI equities weigh on crypto markets.

Bitcoin fell below the key $60K support level, dragging Ethereum, XRP and Dogecoin lower as a broader risk-off move tied to weakness in semiconductor stocks hit markets. Analysts…

Bitcoin slid below $60,000 and Ether fell harder still on Wednesday, as a selloff in AI and semiconductor stocks and rising bets on a Federal Reserve rate hike pushed investors…