At this rate, U.S. stocks will hit zero in seven days.

Terrifying—it’s dragged crypto down with it, too.

A lot of money in U.S. stocks was positioned based on expectations around the midterm elections. Now the market is starting to worry that the Democrats will tighten AI regulations.

That’s indirectly dragged down the crypto market. It had just recovered yesterday, and today it’s back where it started.

Funny how it’s all such big swings,

$BTC $ETH