Bitcoin Breaks Below $77K as Tech Stocks Slide

Bitcoin slipped under the $77,000 level after heavy selling in technology shares spilled over into crypto. The coin gave back roughly two percent in a single session, wiping out the previous day’s gains.

The semiconductor sector led the move lower, with its benchmark index dropping 12 percent across three trading days. The Nasdaq-100 index fell 10 percent from its peak and entered correction territory.

Altcoins followed suit: Zcash plunged 10 percent to $1,140, Hyperliquid lost about five percent and Solana declined three percent. South Korea’s KOSPI dropped more than three percent as risk aversion spread across Asian markets.

Observers point to the broader equity correction and reduced appetite for risk assets rather than the U.S. midterms alone as the main forces weighing on digital currencies.

Based on information from cryptonews.net