Bitcoin falls 4% to $62,000
The price of Bitcoin decreased by 4% to $62,000, a two-week low, as investors’ appetite for risk shifted.
The decline was in line with the tech-heavy Nasdaq, which was on track to slide 1.6%.
Ethereum, XRP, and Solana posted greater losses, with each falling at least 5% over the same period.
The drop follows a stretch of gains for tech stocks that had been resilient despite geopolitical tensions