“Crypto Market Meltdown: Zcash Plunges 10%, BNB Below $700 as Nasdaq Correction Hits Asia” — what this page in the network covers. Zcash (ZEC) tumbled nearly 10% and Binance Coin (BNB) fell under $700 on Tuesday, as a deepening rout in semiconductor stocks dragged the Nasdaq 100 into correction territory and sent shockwaves through Asian equity markets. The sell-off in digital assets mirrored a broader risk-off mood ahead of th The sell-off in digital assets mirrored a broader risk-off mood ahead of the U.S.
midterm vote, with investors bracing for potential policy shifts that could affect tech and crypto regulation. The Nasdaq 100's slide into a correction—defined as a 10% drop from its recent peak—was fueled by disappointing earnings from major chipmakers and renewed concerns over export controls to China. That weakness cascaded into Asian trading, where technology-heavy indices in Japan, South Korea, and Taiwan fell sharply. The full version stays on the original page, which this listing opens directly.