Community Articles
via CoinDesk · By CoinDesk Staff
Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%
HYPE
HYPE/USDT
$62.715
+0.74%
$62.715
+0.74%
(24s)24h Volume
$1,430,375,373.97
24h H/L
$64.66 / $59.11
Change: $5.55 (9.39%)
Funding Rate
+0.0042%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(06:08 AM UTC)
1 min read
1436 views
0 commentsBroadcom'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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
Add COINOTAG as a Preferred Source
Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.
Add on GoogleComments
Comments