$RENDER-USD

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Bitcoin slides to $62,300 as tech stock rout drags crypto lower

Bitcoin fell 2.5% to about $62,300 and ether dropped more than 4% to around $1,650 as a Nasdaq tech selloff spilled into crypto, according to market data cited in the article. Altcoins were hit harder, with $717 million in liquidations. Derivatives indicators showed bearish control across most top coins, while options positioning favored downside protection.

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Bitcoin slides to $62,300 as tech stock rout drags crypto lower

Bitcoin fell 2.5% to about $62,300 and ether dropped more than 4% to around $1,650 as a Nasdaq tech selloff spilled into crypto, according to market data cited in the article. Altcoins were hit harder, with $717 million in liquidations. Derivatives indicators showed bearish control across most top coins, while options positioning favored downside protection.

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