Bitcoin Drops Below $77,000 as Chip Rout Deepens Ahead of U.S. Midterms

Bitcoin slid back below $77,000 on Tuesday, erasing Monday’s recovery, as a deepening sell-off in U.S. semiconductor stocks spilled into global equities and traders braced for the first results of the U.S. midterm elections. The token fell about 2% to just under $77,000 in Asian trading, according to CoinGecko pricing, leaving it below the roughly $77,600 level it touched late Sunday. The drop is not a crypto-specific move. A gauge of U.S.

Source: Blockchain Reporter