Bitcoin fell approximately 5.9% within 24 hours to around $75,620, reaching a seven-week low. The decline coincided with a 5.5% drop in the Nasdaq and an estimated $2.5 trillion loss in U.S. market capitalization, particularly among AI-linked stocks. Markets now assign a lower probability of Bitcoin surpassing $76,000 by November 6, as its performance becomes increasingly tied to risk aversion in the technology sector. Bitcoin ETF flows, Federal Reserve policy decisions and potential regulatory developments are the main factors to watch.
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