BUSINESSCOINDESK
Bitcoin slips toward $63,000 as a tech selloff drags risk assets lower
Bitcoin's price is declining toward $63,000 as a broader tech sector selloff reduces the value of risk assets. The decline in technology stocks is contributing to downward pressure on cryptocurrencies and other high-risk investments.
Related Signal
Adjacent reporting
- SoftBank's shares are down 10% amid broader tech sell-off
- Live markets: Bitcoin gives up all of May's gains, slipping below $77,000
- Nasdaq sinks 3% as tech sell-off reignites
- Bitcoin falls below $63,000 as risk assets sell off and the week's bounce fades
- Bitcoin tanks below $63,000 for the first time since February as price selloff deepens
- Bitcoin retreats below $80,000, liquidating $300 million in futures bets