Bitcoin Slides as Results Roll In — WSJ

Dow Jones Newswires

Bitcoin Slides as Results Roll In — WSJ

By Ben GlickmanBitcoin and other major cryptocurrency prices are sliding as traders become increasingly confident Democrats will retake the Senate. A sharp selloff kicked off around 6:25 p.m. ET.Bitcoin was trading hands around $76,800, a drop of more than 1% from less than two hours prior, before recovering some of its lossesEthereum and other coins followed a similar patternPolls in most major battlegrounds hadn't even closed when the selloff began. Early results in certain Indiana races pointed to a good night for Democrats.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).