CryptoSlate November 05, 2026

Bitcoin crashes below $76,000 as AI bubble fears wipe $2.5 trillion from Wall Street

Bitcoin crashes below $76,000 as AI bubble fears wipe $2.5 trillion from Wall Street

Technology stocks plunged after the Democratic midterm sweep intensified concerns over AI spending, dragging Bitcoin lower as leveraged traders suffered heavy losses. Bitcoin hit an intraday low of $75,568 on Thursday and recovered to $76,830.67 as of press time, as a historic selloff in US technology stocks spilled into crypto markets and triggered more than…

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