US Stock Futures Fall as Midterm Uncertainty Weighs on Bitcoin and Tech
US equity futures declined as investors awaited midterm election results, with S&P 500 futures falling 0.5% and Nasdaq futures dropping 0.9%.
Cryptocurrency markets also weakened, with $BTC losing more than 1% to trade near $76,800. Ethereum and other major digital assets followed the broader decline.
The selloff comes as traders assess the possibility of Democrats gaining control of the Senate and the implications for future US economic and regulatory policy.
However, the simultaneous decline across equities and cryptocurrencies does not establish that election expectations alone caused the moves.
The weakness highlights cautious positioning across risk assets as investors weigh political uncertainty alongside broader macroeconomic and geopolitical developments.