Bitcoin falls to $62,600 as investors trim risk exposure after AI stock selloff; technical indicators signal caution
Published on: June 24, 2026, 11:18 a.m. | Source: The Economic Times
Bitcoin slipped to around $62,600, extending losses amid a broader selloff in AI and technology stocks that triggered risk-off sentiment. ETF outflows, weak liquidity and a hawkish Fed added pressure. Technical indicators suggest caution, with BTC trading in a defined range as investors reassess exposure to high-risk assets.
