Live markets: Bitcoin slips to $63,000 as the chip rout goes global

live Updated just now Live markets: Bitcoin slips to $63,000 as the chip rout goes global A deepening global selloff in chipmakers dragged risk assets lower, pulling bitcoin back from the $65,000 it reached on this week's soft inflation print. By Shaurya Malwa Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Memory chips are the bedrock powering AI systems. (dujin yun/Pixabay) just now · 10:43 AM Shaurya Malwa Share Share this post Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin slips to $63,000 as the chip rout goes global Bitcoin fell to about $63,000 on Friday, down 1.7% over 24 hours and 2.2% on the week, as a deepening selloff in chipmakers dragged risk assets lower, per CoinDesk data. Ether held better at $1,836, still up 2.4% over seven days, while Hyperliquid led the losses at 8% on the day and 12% on the week. Nasdaq 100 futures dropped 1.8% and S&P 500 contracts fell 0.9% as a semiconductor ETF slid 3% in premarket trading. Taiwanese stocks fell into a technical correction and Asia's main benchmark hit a two-month low. Europe held up better on lower tech exposure. The question driving it is the one that has hung over the sector all month. Chipmakers are under scrutiny over whether the hundreds of billions that AI hyperscalers are spending will produce the returns to justify their valuations, and TSMC's results this week did not settle it. Crypto is following the same current it has all quarter. This week's soft inflation print gave bitcoin a lift toward $65,000, but that was a macro trade, and the chip selloff is pulling the other way. The Fed meets July 28 and 29. Latest Crypto News 1 Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto 18 minutes ago 2 Airbnb CEO says X account was hacked, attacker posted AI-slop on tokenization 1 hour ago 3 Ether falls twice as hard as bitcoin and HYPE drops 10% as the chip trade unwinds 3 hours ago 4 This $28 million ether market bet aims to profit from pure market chaos 3 hours ago 5 DOG Mode vs. BIP-110: Inside the Bitcoin client built to bypass data restrictions 5 hours ago 6 Bitcoin under $63,000 after new U.S. strike on Iran. Trump's China comment adds to uncertainty 6 hours ago 7 $1.9 trillion asset manager T. Rowe Price bets on active management with first multi-token crypto ETF 16 hours ago 8 Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion 16 hours ago 9 Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments 18 hours ago 10 Visa backs Open USD with new stablecoin platform as Circle faces fresh competition 18 hours ago Latest Research Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months Gate Leads Spot Market Share Gains as CEX Volumes Rise for First Time in Five Months CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B. By CoinDesk Research Jul 13, 2026 CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B. Why it matters : CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B. View Full Report More From Markets Risk-off wave drags bitcoin below $63,000 as AI selloff spreads from stocks to crypto Ether falls twice as hard as bitcoin and HYPE drops 10% as the chip trade unwinds This $28 million ether market bet aims to profit from pure market chaos