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Bitcoin drops below $77,000 as chip rout deepens ahead of U.S. midterm vote
Publication: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Author: Shaurya Malwa
Source published: 03/11/2026, 04:48:17 UTC
Briefing created: 03/11/2026, 06:26:51 UTC
Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 03/11/2026, 04:55:24 UTC.
Briefings
Bitcoin and other major cryptocurrencies experienced significant declines following the U.S. midterm election cycle, with Bitcoin dropping below $77,000 and ZEC falling nearly 10%. The Nasdaq 100 also slid into a correction, affecting Asian markets. These movements occurred in late November 2026, coinciding with the election period.
Key points
- Bitcoin dropped below $77,000 as the Nasdaq 100 slid into a correction, dragging Asian stocks lower.
- ZEC tumbled nearly 10% and BNB fell under $700 during the same period.
Context
Cryptocurrency markets reacted negatively to the U.S. midterm election cycle in late November 2026, with major assets like Bitcoin and ZEC experiencing sharp declines.
Limitations
Evidence is limited to specific price movements and market indices; no data on institutional sentiment, regulatory impact, or long-term forecasts is provided.
Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 03/11/2026, 06:26:51 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.
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