Bitcoin plummeted to $76,000, marking a significant downturn as the post-election sell-off wave swept through U.S. markets. The Nasdaq 100 recorded a steep loss of 5%, while the Nasdaq index itself decreased by nearly 4% and the S&P 500 fell by 2.2%. Chip manufacturers were notably impacted during the sell-off. Concerns emerged as the Democratic Party seized control of both houses of Congress, potentially paving the way for stricter regulations on the artificial intelligence sector. This led to an accelerated retreat from technology stocks, amplifying the day’s market woes.