COLUMN: WHAT COMES AFTER THE CRASH? - by @setecriptos
*November 6, 2026, will be remembered as the day the market realized the party was over.*
In 24 hours, 3 stories converged to create the perfect storm:
*1. THE JOBS REPORT THAT KILLED THE RATE CUT*
The NFP came in at 165,000 jobs, almost TRIPLE expectations (65k). Unemployment fell to 4.1%. The market immediately priced in a 77% to 80% chance of the FED RAISING rates in December. The rate is already at 3.75% to 4.00%, and two FED members had already wanted a hike at the last meeting. Higher rates = less cheap money for AI and crypto. 7d009037
*2. THE TECH APOCALYPSE*
The Nasdaq fell 5.5% and the S&P 500 4.36% on Thursday. US$ 3 trillion was wiped out in a single day. Why? Democrats swept the midterms in the US, and the market fears heavy regulation of AI data centers. Dutch bank ING has already put US$ 500 million in AI loans up for sale. It’s the fear of the bubble bursting. Nvidia -9%, AMD -17%. 89565dad
*3. BITCOIN ON THE ROPES*
BTC fell from US$ 80.800 post-election to US$ 75.500. US$ 1.26 billion in liquidations in 24 hours, 90% of them longs. BTC ETFs saw US$ 430.2 million in outflows on Thursday alone. The Coinbase Premium has been negative for 62 days, meaning Americans aren’t buying. e4fdb6d0
*4. EUROPE HITS THE BRAKES*
European retail sales fell 0.7%, against expectations of -0.1%. Germany and France slid 1.2% to 1.8%. European consumers are worn out. 5dad
#JobsReportRaisesHikeOdds #WillAnthropicListOnTime #USNovemberMichiganExpectationsIndexPrelimAt50.9
*November 6, 2026, will be remembered as the day the market realized the party was over.*
In 24 hours, 3 stories converged to create the perfect storm:
*1. THE JOBS REPORT THAT KILLED THE RATE CUT*
The NFP came in at 165,000 jobs, almost TRIPLE expectations (65k). Unemployment fell to 4.1%. The market immediately priced in a 77% to 80% chance of the FED RAISING rates in December. The rate is already at 3.75% to 4.00%, and two FED members had already wanted a hike at the last meeting. Higher rates = less cheap money for AI and crypto. 7d009037
*2. THE TECH APOCALYPSE*
The Nasdaq fell 5.5% and the S&P 500 4.36% on Thursday. US$ 3 trillion was wiped out in a single day. Why? Democrats swept the midterms in the US, and the market fears heavy regulation of AI data centers. Dutch bank ING has already put US$ 500 million in AI loans up for sale. It’s the fear of the bubble bursting. Nvidia -9%, AMD -17%. 89565dad
*3. BITCOIN ON THE ROPES*
BTC fell from US$ 80.800 post-election to US$ 75.500. US$ 1.26 billion in liquidations in 24 hours, 90% of them longs. BTC ETFs saw US$ 430.2 million in outflows on Thursday alone. The Coinbase Premium has been negative for 62 days, meaning Americans aren’t buying. e4fdb6d0
*4. EUROPE HITS THE BRAKES*
European retail sales fell 0.7%, against expectations of -0.1%. Germany and France slid 1.2% to 1.8%. European consumers are worn out. 5dad
#JobsReportRaisesHikeOdds #WillAnthropicListOnTime #USNovemberMichiganExpectationsIndexPrelimAt50.9
