Bitcoin slips toward $63,000 as tech selloff hits risk assets

Bitcoin fell toward $63,000 on Tuesday, tracking a broad selloff in technology and chip stocks that dragged global equities lower. The token traded around $63,640, down 0.9% over 24 hours and 3.3% on the week. Weak U.S. institutional demand and a negative Coinbase premium added pressure, with a break below $59,000 to $60,000 support potentially triggering further selling.