CoinDesk: MARKETS: Bitcoin Slips 5% From $80K to Below $76K as AI Stocks Crumble on Democratic Midterm Wins, Fueling $370M+ in Long Liquidations

MARKETS: Bitcoin fell 5%, sliding from $80K to below $76K, as AI-linked stocks sold off after Democratic midterm victories. The move wiped out more than $370 million in long positions within an hour. The Nasdaq dropped 3.9% as concerns mounted over fresh restrictions on data centers.