If the cryptocurrency crash was due to Binance, the US stock market crash was purely due to the uncertainty surrounding the midterm elections. It's fairly certain that the Democrats will win both the House and Senate. The uncertainty lies in whether the Democrats will continue to support AI and crypto. In any case, with weak fundamentals, stocks that were previously too closely tied to Trump will be the first to be liquidated. Intel (INTC) is a prime example. The bottom of this round should be around the time of the midterm elections.