Cryptocurrencies slide to two-month lows after US midterms

SYDNEY, Nov 9 (Reuters) - Cryptocurrencies fell sharply in ‌late Sunday trade, with ‌bitcoin and ether touching their lowest ​levels for more than two months, as investors fretted a Democratic Party-controlled ‌US Congress ⁠will toughen regulation on the asset class.

Bitcoin, ⁠the oldest and largest cryptocurrency by market capitalisation, ​fell by ​more than ​2% to $73,708, ‌the lowest price since August. Ether fell about 5% to $2,223, also the lowest since August.

Crypto markets have been ‌shaken in ​recent sessions by ​a $6 ​billion heist at ‌Binance, the world's biggest ​exchange, ​and the election to office of high-profile critics in ​last ‌week's US midterms.