Bitcoin falls below $63000, hitting a ten day low

According to Cointelegraph, Bitcoin fell below the key support level of $63000, hitting a near 10 day low, due to the sharp decline in Asian chip stocks and pressure on the US technology sector. The global technology stock sell-off has spread to the US market, and the adjustment of technology stocks is due to investors' concerns about the return on investment in AI infrastructure. The market questions the sustainability of capital expenditures and AI investment returns of large-scale cloud computing enterprises.