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Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out 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.

Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out - Decrypt

Bitcoin plunged nearly 5% as AI stocks sank, and forced liquidations erased a Wednesday rally that had been fueled partly by short covering.

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  • sarfrazkhan

    rough one honestly, nearly 5% down and $428m in longs wiped out in a day — that's a brutal combo. let's see if it finds its footing from here

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