#USStocksSlipandCryptoMarketUnderBroadPressure
📉 Nasdaq -5.5% Erased Crypto's Midterm Rally
Wall Street's AI selloff spilled into crypto Thursday, wiping Wednesday's post-election bounce and forcing over $1B in liquidations.
📊 ~$1.1B liquidated in 24h; ~211K traders hit (CoinGlass)
📉 Nasdaq -5.52%; S&P -4.36%; SOX semis -12.25%
🏦 BTC ~$75.7K (~-6%); ETH ~$2,247 (~-7%)
📈 Strategy and Coinbase each about -10% on the day
Zoom out: crypto still tracks the AI risk tape more than a midterm relief trade.
Hold above $75K into Friday, or test $73K next? 👇
$BTC $ETH
#USStocksSlipandCryptoMarketUnderBroadPressure #Bitcoin #Crypto
📉 Nasdaq -5.5% Erased Crypto's Midterm Rally
Wall Street's AI selloff spilled into crypto Thursday, wiping Wednesday's post-election bounce and forcing over $1B in liquidations.
📊 ~$1.1B liquidated in 24h; ~211K traders hit (CoinGlass)
📉 Nasdaq -5.52%; S&P -4.36%; SOX semis -12.25%
🏦 BTC ~$75.7K (~-6%); ETH ~$2,247 (~-7%)
📈 Strategy and Coinbase each about -10% on the day
Zoom out: crypto still tracks the AI risk tape more than a midterm relief trade.
Hold above $75K into Friday, or test $73K next? 👇
$BTC $ETH
#USStocksSlipandCryptoMarketUnderBroadPressure #Bitcoin #Crypto
