SteelWater daily crypto read · 6 Nov 2026

Bitcoin and crypto erase the post-election rally, falling roughly 6% as a selloff in AI and chip stocks drives Wall Street's worst day in 18 months.

Sentiment 33/100 (Fearful)

Crypto reversed hard on Thursday, erasing this week's post-election rally. 22. The cause wasn't crypto-specific: a sharp selloff in US tech and AI stocks, Wall Street's worst day in about 18 months, spilled into digital assets, with chipmakers hit hardest on doubts about AI spending payoffs.

Loading…