Bearish
Bitcoin Price Drops to $62,000 Amid Deepening Chip Stock Selloff on Second Day
24.06.2026 07:48
The price of Bitcoin (BTC) has fallen toward the $62,000 mark, extending its decline as a broad selloff in chip stocks intensified for a second consecutive day. The downturn in the technology sector, particularly among semiconductor companies, has weighed on risk assets, including cryptocurrencies. Bitcoin's drop reflects growing market uncertainty and profit-taking, with traders closely watching support levels near $62,000 for potential further downside or a rebound.
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