Bitcoin Falls Below $63,000 As Tech-Led Risk-Off Mood Hits Crypto

Bitcoin slipped below $63,000 as the wider risk trade came under pressure, with weakness in technology stocks spilling into crypto and pulling traders back toward a more defensive posture.
The move is not happening in isolation. Bitcoin has been trading as both a crypto-native asset and a macro-sensitive risk asset, which means it can react to liquidity conditions, equity-market stress, ETF flows, and leverage in the derivatives market at the same time. When technology stocks sell off sharply, c