Bitcoin fell below $77,087 minutes after the New York equity open on 3 November 2026, as chip stocks dragged the Nasdaq 100 into a correction. Crypto holders should know tech weakness is spilling into digital assets just before the US midterm vote.
What actually happened
Bitcoin (BTC) trades at $77,087, down -1.11% over 24 hours, with a high of $77,980 and a low of $76,303. Volume reached $27.72 billion; market capitalisation stands at $1.55 trillion. Ethereum (ETH) sits at $2,276, down -0.65%, between a high of $2,302 and a low of $2,235. ETH volume totaled $9.24 billion, with a market cap of $278.09 billion. Overnight, CoinDesk reported ZEC fell nearly 10% and BNB dropped under $700, as the Nasdaq 100 slid into correction.
How we got here
The selloff followed a steep drop in semiconductor stocks that pushed the Nasdaq 100 into correction territory, per CoinDesk. Asian equities tracked the move lower overnight, ahead of the US midterm vote. Crypto markets have shown growing correlation with tech stocks through 2026. Separately, the Ethereum Foundation published new guidance on using Ethereum for digital public infrastructure, and Aztec Foundation shipped its Tierra V6 privacy upgrade, both on 3 November 2026.
Why this matters for you
For holders, the link between chip stocks and crypto prices today shows digital assets still react to broader risk sentiment, not only crypto news. Traders should expect added volatility this week around the midterm vote. Builders on Ethereum gained two updates: a public-sector framework from the Ethereum Foundation, and a faster private-transaction engine from Aztec. Users of privacy apps on Aztec should see quicker proofs once Tierra V6 spreads across the network.
The bigger question
If crypto keeps tracking Nasdaq swings around events like a midterm vote, does that mean digital assets are now priced like tech stocks rather than as an independent asset class? The answer matters for anyone deciding whether crypto offers diversification, or simply another way to bet on the same macro forces driving equities.
What to watch
The US midterm vote is the immediate event traders are watching this week. Aztec's Tierra V6 upgrade is live now. The Ethereum Foundation's new publicsector.ethereum.foundation site is live for institutions exploring digital public infrastructure. No other scheduled crypto events appear in today's source material.
This article is information, not financial advice. Prices are a snapshot and change constantly. Nothing here is a recommendation to buy or sell any asset. Do your own research.
