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MARKETS-ECONOMIC TIMES · INDIAN ·

Bitcoin falls to $62,600 as investors trim risk exposure after AI stock selloff; technical indicators signal caution

As reported by Markets-Economic Times
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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Bitcoin slipped to around $62,600, extending losses due to a broader selloff in AI and technology stocks. This triggered a risk-off sentiment among investors who are now trimming exposure to high-risk assets. Further pressure came from ETF outflows, weak liquidity, and a hawkish…

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