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via CoinDesk · By CoinDesk Staff

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%

HYPE

HYPE/USDT

$91.88

-1.08%

$91.88

-1.08%

(24s)

24h Volume

$875,338,099.58

24h H/L

$94.38 / $90.41

Change: $3.97 (4.39%)

Funding Rate

-0.0038%

Shorts pay

Data provided by COINOTAG DATALive data

HYPE

Daily

$91.80

▼ -0.68%

Volume (24h): -

Resistance Levels

Resistance 3$94.4261

Resistance 2$93.268

Resistance 1$92.6633

Price$91.80

Support 1$91.1411

Support 2$90.2333

Support 3$89.63

Pivot (PP):$92.4033

Trend:Sideways

RSI (14):0.0

CoinDesk Staff

(06:08 AM UTC)

1 min read

Verified byEmily Watson

0 comments

Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.

Bitcoin slid to $62,715 in Asian hours on Friday, down 1.9% on the day and 14.5% on the week, as the artificial-intelligence trade that has powered global risk assets through 2026 ran out of breath.

Ether dropped a sharper 4.8% to $1,696…

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Source

CoinDesk Staff · CoinDesk

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