June 29, 2026

Bitcoin Slides 2.1% to $66,059 as Tech Fears Hit Markets

Bitcoin Slides 2.1% to $66,059 as Tech Fears Hit Markets

Bitcoin experienced a decrease of 2.1%, dropping to $66,059, as U.S. stock futures fell due to mounting concerns regarding artificial intelligence’s impact on business models and returns in the tech sector. This risk-off sentiment, prompted by expected monthly losses in tech stocks, also affected cryptocurrencies, which typically correlate with the volatility in U.S. tech markets. Ether similarly declined by 3.2% to $1,966, reflecting the broader market anxieties.

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