SunX Global|Nov 09, 2026 06:41
📊 SunX Research | Crypto Market Weekly
The rebound after the midterm election was interrupted by AI selling ⚡️
The S&P 500 fell nearly 2.7% in a single week, and Bitcoin fell to $76,000 📉
🔥 This week's core points
After the midterm elections in the United States, the Dow rose more than 3% in a single day on Wednesday 🚀; however, the AI and chip sectors were sold off sharply on Thursday, falling about 12% in a single day 🔻, the Sasday fell about 5.5%, and the S&P fell about 4.4%. U.S. stocks generally fell for the whole week, and the crypto market was under pressure at the same time 😮💨
🧭 Three major characteristics
1️⃣ The rebound of U.S. stocks was blocked: The rebound after the election was quickly covered by the sell-off of technology stocks caused by concerns about AI capital expenditure 🧠
2️⃣ Policy expectations tighten: non-agriculturals in October were better than expected, and the interest rate hike in December rose to about 78%–81% ⚠️
3️⃣ Encryption continues to be under pressure: BTC fell below $80,000, ETF net outflow, institutional risk appetite shrinks 🧊
🔗 View details: https://support.sunx.vip/hc/en-001/articles/18311646385807
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