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Bitcoin Falls 4% as Chip Stocks Crash: Where Does the Slide Stop?
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CoinEx News: Bitcoin fell 4% on June 23, 2026, slipping below $62,000 to a two-week low as a global tech-stock selloff pushed investors to sell crypto and stocks together — both fall first when markets turn cautious. The selling started in chip stocks: South Korea's KOSPI hit circuit breakers after Samsung and SK Hynix fell over 10%, and Micron dropped 9% as the Nasdaq Composite lost 1.2% in US trading. Crypto followed, with Ether and Solana falling harder than Bitcoin. While the stock selloff keeps spreading, Bitcoin and major altcoins are trading on equity headlines rather than crypto's own catalysts, leaving leveraged longs most exposed if Wall Street stays weak.

Source: CoinEx

Disclaimer: The current content is provided for reference only and does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

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