Tech · World

Bitcoin drops to $63,000 as global chip selloff continues

2 sourcesFirst reported 4 days agoUpdated 4 days ago

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Bitcoin has recently fallen close to $63,000 amid a global selloff in chipmaker stocks.
The decline comes after Bitcoin briefly approached $65,000 following positive inflation data earlier in the week.
The Coinbase premium, reflecting the difference in trading prices, has remained negative for a record 60 days.
ETF flows for Bitcoin have also been described as thin amid the current market conditions.

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AI summary: catch up in 20 seconds

Bitcoin has recently fallen close to $63,000 amid a global selloff in chipmaker stocks.
The decline comes after Bitcoin briefly approached $65,000 following positive inflation data earlier in the week.
The Coinbase premium, reflecting the difference in trading prices, has remained negative for a record 60 days.
ETF flows for Bitcoin have also been described as thin amid the current market conditions.

Generated by AI from the 2 sources below · always verify with the originals