陈桂林
陈桂林|10月 29, 2026 00:06
Will US stocks see another bloodbath tonight? Google plunged nearly 10% in after-hours trading. Microsoft initially held up about 6-7%, but now those gains have been wiped out. Google's drop will definitely drag down the broader market. And when the broader market is dragged down, Bitcoin will struggle to perform well. Bitcoin is relatively better off, as the impact is more indirect. The hardware sector might be more directly affected. In short, the correction isn't over yet. 1. There are signs of easing in geopolitical tensions and oil prices. 2. The AI sector needs to wait for this correction to fully materialize. 3. The crypto market, led by Bitcoin, also needs to wait and continue its correction. 4. Relatively speaking, the crypto market is currently in a bear market position, considering that even a company with Google's market capitalization can drop 10% in a single day, while Bitcoin has only fallen 10% overall.
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