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Bitcoin Drops to $75,640 as Market Reverses Post-Election Rally
Bitcoin has dropped from nearly $81,000 to $75,640, reversing its recent recovery above $80,000 and erasing its post-election rally. The sell-off follows a major rout in Nasdaq and AI stocks, with leveraged long liquidations adding downward pressure as sentiment shifts to risk-off. Key support is positioned at $75,000.