resumencrypto

Today was a dark day for the entire market.
Here's the one-minute summary:
1. BTC AT ITS LOWEST SINCE AUGUST
BTC fell to $74,780, its lowest price since August 21.
It closed Thursday at $76,088 and continued falling today to $75,300–$75,800.
The post-election rally was completely wiped out.
ETH fell to $2,218 (-8%), XRP to $1.18 (-9.7%), SOL to $89 (-6.9%).2.
THE CULPRIT WASN'T CRYPTO, IT WAS WALL STREET
The Nasdaq fell 5.52%, its worst day in 19 months. The S&P 500 fell 4.36% and lost $3 TRILLION in one day.
Why? AI bubble fears + a Democratic victory in the midterms = a possible slowdown in data center development.