🔥 A massive sell-off began in the U.S. stock market today. The Nasdaq fell nearly 4%, the S&P 500 slipped into negative territory, and the semiconductor index plunged more than 7%. Bitcoin dropped to around $76,000–$77,000 amid the sell-off.

🇺🇸 What’s happening? After Democrats won the U.S. midterm elections, investors began reassessing the outlook for technology companies. Concerns have emerged that further data center construction and AI development could face additional restrictions. At the same time, the market is increasingly questioning how quickly the hundreds of billions of dollars invested in artificial intelligence will pay off.

💸 Nvidia, AMD, Qualcomm, and other tech giants were caught in the selloff. Tesla fell about 9.5%, and Dell more than 10%. The Nasdaq had already dropped more than 10% from its October record, nearing a confirmed technical correction.

📊 Cryptocurrencies also came under pressure. Investors are reducing their positions in risky assets, while forced liquidations of leveraged positions are adding to price swings. Concerns about inflation and further Fed rate hikes are also affecting the situation.

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We were expecting a recovery after October’s crash, but instead the party carried on. For now, the main problems are coming from the U.S. stock market, while crypto is reacting to the broader decline in risk appetite. But if the selloff in tech stocks continues, pressure on Bitcoin and altcoins could intensify. Friends, be especially careful with leverage right now. The market has shown us more than once how quickly things can turn!

#liquidation