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Bitcoin, crypto stocks caught in AI trade meltdown, but Wintermute trader sees 'glass half full'

coindesk
coindesk|Nov 05, 2026 18:49
The post-election rally quickly reversed as AI stocks plunged, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave.
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Nov 05, 19:15The hacking attack affected $6.3 billion in assets.
Nov 05, 19:14The contract was withdrawn and relisted between 73.6 and 74.6k.
Nov 05, 18:45Election revaluation is spreading from AI stocks to cryptocurrencies.
Nov 05, 18:36The bottom of the cryptocurrency era has arrived.
Nov 05, 17:59Bitcoin price fluctuations and position liquidation
Nov 05, 17:59Bitcoin price is $82,000
Nov 05, 17:58Bitcoin plunges, nearing 200-day moving average.
Nov 05, 17:39Bitcoin and Ethereum plummeted, resulting in asset liquidations exceeding $1 billion.
Nov 05, 17:31Bitcoin price is manipulated
Nov 05, 17:16Bitcoin selling momentum continues to strengthen

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