Bitcoin fell 4% on Tuesday to hover above $62,000 per token, sinking alongside a broader tech-led market decline. David Morrison, senior market analyst at Trade Nation, noted that the token turned lower overnight as investors cut risk exposure, and he warned it looks vulnerable to further weakness if equity holdings continue to be reduced. Bitcoin has struggled this year, down 28% year-to-date and roughly 50% from its all-time high in early October, and it briefly fell to $60,000 in early June.