Bitcoin Tumbles Below $64K Amid Asian Market Rout and AI Investment Worries

Bitcoin dipped below $64K on Tuesday after Asian markets plummeted and artificial intelligence investment concerns weighed heavily on technology stocks.

The cryptocurrency's value fell by approximately 2.7% to around $63,200 as Ethereum, XRP, and Solana also experienced downward pressure.

Korea's Kospi benchmark crashed over 10%, with Samsung and SK Hynix tumbling nearly 14% each after Chinese memory chip manufacturers reported significant breakthroughs.

Nvidia shares dropped roughly 5% amid growing unease over AI infrastructure investments exceeding $750 billion, sparking renewed debate about the long-term viability of massive expenditures.