Bitcoin (BTC) Price: Falls Below $77,000 as Chip Selloff Hits Stocks Before U.S. Midterms

TLDR Bitcoin fell 2% to just under $77,000 on Tuesday, wiping out Monday’s bounce. A chip selloff pushed the Nasdaq 100 into a correction, down 10% from its peak. U.S. spot Bitcoin ETFs recorded $399 million in net outflows on Nov. 2. Binance has covered $6 billion of the $6.3 billion stolen in last week’s hack. Bitcoin has closed four straight red weeks, and the U.S. midterm vote is Tuesday. Bitcoin (BTC) fell 2% to just under $77,000 on Tuesday during Asian morning hours. The drop wiped out Monday’s bounce.