Bitcoin, Ethereum, XRP, Dogecoin Drop Further Amid Global Chip Sell-Off: Analyst Flags 'The Most Important Level' For BTC
Leading cryptocurrencies cracked alongside stocks on Tuesday, after a sharp decline in chip-related stocks cast doubts on the sustainability of the AI rally. Bitcoin dropped below $62,000 amid heavy selling, while Ethereum bulls failed to defend the support at $1,700. XRP and Dogecoin recorded sharp declines as well.