Overview
- Bitcoin slipped under $63,000 following renewed U.S. military strikes on Iran and a broad selloff in technology and chip stocks that pushed traders out of higher-risk assets.
- Spot Bitcoin ETFs have shown mixed flows with large outflows earlier in the quarter but recent short-lived inflows totaling roughly $510 million across several sessions.
- On-chain wallet and exchange data show buyers returned quickly after the strike-driven drop and long-term holders have continued to add to positions.
- Traders are watching immediate support between $62,500 and $63,167 with analysts warning a failure to hold those levels could open room for deeper losses toward ARK Invest’s $49,000–$53,000 range.
- A surprise Chinese AI release, Moonshot AI’s Kimi K3, rattled tech and miner-linked equities and highlighted how developments in AI and semiconductors now transmit directly into Bitcoin’s price.