Bitcoin Price Drops to Weekly Lows Amid AI Tech Sell-Off and Gold Plunge

Bitcoin (BTC) has experienced a significant decline, retesting lows not seen since last week. The sell-off coincides with a broad downturn in technology stocks, fueled by rising investor anxieties surrounding the artificial intelligence (AI) sector. Adding to the negative market sentiment, traditional safe-haven assets like precious metals, including gold and silver, have also plunged. This correlated movement suggests a market-wide shift towards risk aversion, impacting both digital and traditional asset classes. Analysts are monitoring key support levels for Bitcoin as volatility increases across financial markets.