AI Concerns in Crypto Markets: Selling Pressure Mounts for Bitcoin and Altcoins

Bitcoin entered a slow retreat toward the $62,900 level, continuing to trade within the critical range of $60,000 to $70,000.
Analysts emphasize that this zone represents a significant balance point between long-term holders and new investors.
Rising Selling Pressure in Altcoins The altcoin market has underperformed compared to Bitcoin, with selling pressure reaching its highest levels in the last five years.
XRP dropped by 10.8%, Solana (SOL) by 11.3%, and Dogecoin by approximately 10%.
Data from CryptoQuant indicates a decrease in buyers for assets outside of major market caps, suggesting that investors are actively distributing their holdings.
This structural selling is creating a process that gradually pulls prices down rather than causing sudden liquidations.
AI-Driven Macroeconomic Concerns Another factor increasing pressure on crypto assets is the macro dynamic referred to as the "AI Fear Trade." A report from Citrini Research warned that artificial intelligence could cause widespread economic disruptions in the delivery, payment, and software sectors.