Bitcoin Drops Below $77,000: Tech Stock Sell-offs Affect the Crypto Market
In the cryptocurrency market, Bitcoin lost approximately 2% of its value, giving back all of the gains it had made the previous day. Bitcoin (BTC) fell below $77,000 as selling pressure on technology stocks deepened ahead of the US midterm elections and spread to the cryptocurrency market. Sharp losses in the semiconductor sector accelerated sell-offs in risky assets across global markets.