Bitcoin plunges to near $62,000 as the AI trade unwinds, HYPE falls 14%

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Broadcom's disappointing AI chip outlook pulled the Nasdaq lower for a third session, dragged Asian equities down with it, and took crypto along for the ride.

source https://www.coindesk.com/markets/2026/06/05/bitcoin-plunges-to-near-usd62-000-as-the-ai-trade-unwinds-hype-falls-14

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