Bitcoin Tests Two-Week Low at $62K as Tech Stocks Waver on Wall Street

60-second summary

Bitcoin is currently trading at a two-week low of $62,000 as investors react to a hawkish Federal Reserve, with risk-off sentiment driving a sell-off in tech stocks and cryptocurrencies. The market is experiencing a downturn in AI and crypto, with prices for Bitcoin and other digital assets experiencing significant losses, weighing on investor sentiment and market confidence.