Bitcoin Price Falls Below $77K as Market Fears Grow
Summary
Bitcoin fell about 2% below $77,000 during Asian trading as technology shares sold off and investors prepared for US midterm elections. A semiconductor index dropped roughly 12% in three sessions, the Nasdaq 100 fell about 10% from its peak, and Asian markets also weakened. US spot Bitcoin ETFs saw about $643 million in net withdrawals on October 30. The piece says Bitcoin is increasingly moving with broader risk markets and that election uncertainty, the upcoming employment report, institutional flows and stock-market stability may shape its near-term direction. It identifies $76,000–$77,000 as a key trading range but offers no firm evidence of a lasting recovery or further decline.
