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Bitcoin Slides 5% as Tech Rout Deepens — WSJ

By Vicky Ge HuangBitcoin fell to its lowest level since September Thursday as the tech sell-off intensifies.The largest cryptocurrency recently traded at around $76,000, down about 5% over the past 24 hours.Digital currencies and crypto-linked stocks tend to trade in tandem with tech stocks. The digital-assets market has also been on edge after a record $6.3 billion hack into crypto exchange Binance and a Democratic election sweep that some investors fear could translate into greater scrutiny of the crypto industry.Shares of Coinbase Global and Strategy are both down about 10% Thursday afternoon.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
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