Bitcoin Price Tumbles Under $63K Amid Growing Investor Anxiety
Bitcoin's price has plummeted to new lows, reaching under $63,000 on Tuesday as investor anxiety deepened across global markets.
The cryptocurrency's decline is largely attributed to renewed trade tensions and a shift away from risk-sensitive assets, which have weighed heavily on both cryptocurrencies and equities.
At the time of writing, Bitcoin was trading near $63,073, down roughly 8% over the past week. This steady deterioration has heightened concern that the current pullback may not yet be complete.