Thursday marked a massive reversal and historic selloff for AI stocks, and crypto was not immune. What held up the strongest?
Bitcoin plunged nearly 5% as AI stocks sank, Democratic midterm wins raised fresh policy questions, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.
The crypto market fell 5.01% to $2.64 trillion as Bitcoin dropped below $77,000 and Ethereum declined more than 7%.
Total crypto market value fell 6.8% over 24 hours, while bitcoin gave back much of Wednesday’s post-election rebound.... Read the full story at The Defiant
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