Bitcoin fell toward $63,000 on Tuesday, caught in a broad retreat from risk as investors pulled out of the tech stocks that have led markets all year.
The token was trading around $63,640, down 0.9% over 24 hours and 3.3% on the week, as of CoinDesk data, after touching about $65,076 on Monday and sliding through the session. The sale took place throughout the market. Ether fell 0.9% to $1,719 and is also down 3.3% on the week, XRP fell 1.6% to $1.12 for a 9% weekly loss, Solana lost 3.4% to $71 and dogecoin fell 6.6% over seven days.
Tron was the rare winner, up 1.3% on the day and 4.6% on the week. Hyperliquids HYPE fell 4.8% on the week.
The pressure came from outside crypto. A rotation out of this year’s best-performing technology and chip stocks weighed on global shares, with a gauge of Asian shares falling more than 2% after a record close and South Korea’s Kospi falling more than 6% on fears the rally in chipmakers had gone too far.
