Bitcoin slides nearly 6% on tech stock selloff

Bitcoin tumbled 5.6% over the past 24 hours to around $76,100 in early GMT trade on Friday, hit by a broader risk-off move sparked by a rout in technology equities.

The flagship cryptocurrency sank toward its lowest levels since September, mirroring sharp overnight losses across Wall Street tech shares. The selloff spilled into Asian equity benchmarks on Friday, dampening appetite across high-beta and digital assets.