Follow UsBitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%
Bearish-17.16%
5 Jun, 06:08
Source: CoinDesk
AI Summary
Broadcom's disappointing AI chip outlook triggered a market selloff, pulling down the Nasdaq, Asian equities, and crypto assets including Bitcoin and HYPE token.
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.