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The Economic Times
The Economic Times
Surbhi Khanna

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

Bitcoin slipped near the $63,000 mark on Wednesday as a chip stock sell-off, ETF outflows, $510 million liquidations and Fed uncertainty weighed on sentiment. The cryptocurrency was trading at the $63,973 mark.

In the past 24 hours, Bitcoin was up 0.88% and Ethereum was up 1.43% to trade at the $1,910 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Dogecoin, and Cardano gained up to 5.14%, whereas Hyperliquid was down 1.40%.

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