Wall Street took a serious hit today as investors continued moving away from AI and tech stocks.
📉 Nasdaq 100 dropped around 3% 📉 S&P 500 fell around 1.6% 📉 Dow Jones also moved lower.
Chipmakers and data center companies faced heavy selling for the second consecutive session.
One of the biggest concerns is the future of AI infrastructure spending, along with potential regulatory pressure on data center expansion following the US midterm elections.
The bigger question now is whether this selling pressure will spread further into the crypto market.
I'm keeping an eye on Bitcoin and the overall market reaction. 👀
Do you think this is just a short-term correction, or could we see more downside?
Election changes Washington. Crypto work continues. 🇺🇸
New Congress. Same unfinished job — clear rules for digital assets.
22% of Americans already use crypto. Bipartisan support exists (GENIUS + CLARITY Act proved it). Now with Democratic Congress + Republican White House…
will they finally deliver market structure clarity? The tech isn’t waiting. Neither should policy. What do you think? 👇
BINANCE HACK $242 MILLION Moved via Tron Pathways • Attacker transferred funds just 2 days after the incident • Tether froze $378.7M USDT • Over $3B in stolen funds still unrecovered Crypto Security Alert
Binance right now: “$6.3B gone? Hold my beer.” • 90% already replaced • Major tokens fully backed • Withdrawals targeting Sunday They really said “user funds are safe” and meant it 😂 $BNB #BTC #Ethereum