Bitcoin (BTC) Dips Under $63K as Tech Selloff Accelerates -- AI Boom Losing Momentum?

Bitcoin dipped under $63,000 as a broader technology selloff accelerated, with markets turning away from AI- and semiconductors-linked risk. BTC was last traded near $62,840, down 1.1% over 24 hours and 3.5% for the week, after reaching $65,076 on Monday. Ether fell 0.9% to $1,719, a 3.3% weekly drop, while XRP slipped 1.6% to $1.12, down 9% on the week. Solana dropped 3.4% to $71, and Dogecoin fell 6.6% over the week. Tron stood out, rising 1.3% daily and 4.6% weekly. The move followed a sharp decline in Asia, including South Korea’s Kospi falling more than 6%, with U.S. Nasdaq 100 futures down 2.1%. Key upcoming catalysts include Micron’s results on Wednesday, U.S. employment data July 2, and CPI on July 14.