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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

$84.762
-2.19%
24h Volume

$959,711,766.98

24h H/L

$87.42 / $83.52

Change: $3.90 (4.67%)

Funding Rate

+0.0039%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$84.79

0.45%

Volume (24h): -

Resistance Levels
Resistance 3$97.0333
Resistance 2$92.5867
Resistance 1$85.2733
Price$84.79
Support 1$83.9231
Support 2$79.9859
Support 3$74.0098
Pivot (PP):$85.2733
Trend:Uptrend
RSI (14):64.3
CS
CoinDesk Staff
(06:08 AM UTC)
1 min read
EW
Verified byEmily Watson

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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