Bitcoin slips near $63K as chip stock sell-off, ETF outflows, $510 million liquidations and Fed uncertainty weigh on sentiment

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• Economic TimesLean R·2h ago

  Bitcoin slips near $63K as chip stock sell-off, ETF outflows, $510 million liquidations and Fed uncertainty weigh on sentiment

  Bitcoin traded near $63,000 on Wednesday as $510 million in liquidations, chip stock sell-offs, and US spot ETF outflows weighed on sentiment. Investors remain cautious ahead of the US Federal Reserve's rate decision and legislative delays surrounding the CLARITY Act.

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