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Nasdaq 100 plunges 3.6%, wiping $1.3T; Bitcoin dips below $77K amid tech selloff

30 Oct 2026, 20:20 WIB
Crypto Briefing
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Bearish
Nasdaq 100 plunges 3.6%, wiping $1.3T; Bitcoin dips below $77K amid tech selloff

The Nasdaq 100 index fell sharply by 3.6%, erasing over $1.3 trillion in market value due to disappointing earnings from major tech firms like Amazon and Intel. This significant drop has caused a ripple effect in the cryptocurrency market, pushing Bitcoin's price below $77,000. Investor concerns about technology and AI spending are driving the selloff, impacting both tech stocks and crypto-linked equities. Market watchers will be paying close attention to upcoming tech earnings and regulatory developments, including the Binance hack investigation, as well as statements from Federal Reserve Chair Jerome Powell that could influence market sentiment further.

The Nasdaq 100's sharp decline and Bitcoin's drop below $77,000 provide context for cryptocurrency market activity on Pluang. For readers following crypto, here is Pluang's market snapshot as of Oct 31, 2026 00:02 WIB: out of 50 major cryptocurrencies, only 5 rose while 44 fell. THETA fell 12.55% with a typical hold time of 78 days and 95% buy orders, contrasting with CAKE's 11.17% drop and a nearly even sell/buy split (52% sell / 48% buy). YFI also declined 11.57%, held typically for 94 days with 100% buy orders.

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