Asian stocks drop while investors are waiting for the results of the US elections

shares were traded lower in Asia on Wednesday and the foreign exchange markets remained stable because investors monitored the results of the US elections on signs of a major fault.

Bitcoin fell by $ 3 percent to $ 18,139 in a wide range of crypto-assets after the sam Bankman-Frieds FTX, one of the world's largest crypto exchanges, due to a liquidity crisis. Bitcoin had fallen by up to 17 percent on Tuesday, while smaller coins had to accept steeper losses.

In China, the CSI 300 index of the stocks in Shanghai and Shenzhen fell by 0.75 percent, during the Japanese topix 0.4 percent and the Hong Kong Hang lost 1.5 percent.

The smaller movements of Asian stocks came when the surveys were closed in many US states and the results for the intermediate elections throughout the country.

The earliest results were Republican governor candidates who had victories in Florida and Arkansa's victories, while the governors' posts in Maryland and Massachusetts passed the Democrats.

Analysts said that the markets had already priced in Republican majorities in the US House of Representatives and the Senate.

"forecast markets - and probably financial markets - expect a Republican majority in both chambers," said Jan Hatzius, chief economist at Goldman Sachs.

"The reaction of the financial markets to a victory of the Republicans should be steamed, since the result of the House of Representatives is already expected in general," said Hatzius, adding that a victory of the Democrats in the House of Representatives and the Senate would "probably burden the shares, since the market participants could expect additional bodies increase".

The futures markets tipped the reference index S&P 500 to open later a day, while the FTSE 100 would probably lose 0.3 percent.

According to analysts from Oxford Economics, the S&P 500 rose by an average of around 5 percent in the last 18 half -time election cycles in the year before the election day, but in the 12 months afterwards by more than 15 percent.

The dollar index, which depicts the Greenback compared to a basket of international competitors,

fell by 0.2 percent, while the euro fell by $ 1.0064.

Additional reporting by Jaren Kerr in New York