Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14% - CoinDesk
business 2026/06/05 06:11:15

Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14% - CoinDesk

Source:CoinDesk
Author:Shaurya Malwa

Broadcom’s disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.

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