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Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto

CoinDesk·July 17, 2026·1 min read
Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto

Bitcoin fell below $63,000 as a risk-off wave spread from AI stocks to crypto, driven by AI stock fatigue and U.S.-Iran tensions. A technical measure suggests oversold conditions heading into the weekend. The decline reflects broader market sentiment affecting digital assets alongside traditional markets.

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