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Bitcoin gets new $54K warning as BTC price hits 11-day low on Asia tech sell-off

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 174 Views

Bitcoin analysis warned of "new lows" as Asia markets dropped as much as 10% and BTC price action dipped below $62,000 for the first time in nearly two weeks.

Bitcoin (BTC) neared two-week lows on Tuesday as Asia stock markets pulled back on a tech sell-off.

Key points:

Bitcoin heads lower with Asia equities as "unprecedented inflows" become a tech-driven rout.

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