Asia Market Open: Bitcoin Plunge to $64K Rattles Risk Assets as Tech Slump Ripples Through Asia

Bitcoin tumbled more than 10% toward $64,000, extending a brutal week for crypto as selling pressure spread across risk assets and shook markets from New York to Asia. The drop dragged Bitcoin to its weakest level since late 2024, reversing momentum that had built after Donald Trump’s election win, when he signalled a more supportive stance on crypto during the campaign trail. Crypto losses came as investors dumped tech stocks and even safe-haven trades turned jumpier. Volatility in precious metals also ...