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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

Bitcoin drops toward $62,000 as the chip selloff deepens for a second day

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price 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.
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Bitcoin continued its downward trend, falling towards $62,000 amidst a deepening selloff in semiconductor stocks. This renewed market rout dragged down risk assets across the board. The cryptocurrency is now down 5% for the week, with other major cryptocurrencies like Ether and…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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