Bitcoin drops toward $62,000 as the chip selloff deepens for a second day

By Shaurya Malwa

Bitcoin drops toward $62,000 as the chip selloff deepens for a second day

A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.

Not financial advice. Do your own research before making investment decisions.

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