BTC falls to $62,887 amid broader market weakness driven by U.S. tech stocks and rising bond yields.
Bitcoin slid below $63,000 to $62,887, down 1.63%, as investors pulled back from risk assets. The decline mirrored losses in U.S. tech stocks and was exacerbated by rising bond yields, pressuring crypto markets broadly.
Ethereum also fell 2.50% to $1,690, while the total crypto market cap stood at $2.24 trillion. Bitcoin dominance held at 56.2%, and the Fear & Greed Index hit 23, signaling extreme fear. Altcoins underperformed, with an index reading of 47 out of 100.
The sell-off coincided with a record $775 million stolen in crypto security breaches during Q2 2026, highlighting ongoing sector vulnerabilities.