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Bitcion tumbles to $76,000 as collapsing AI trade drags stocks sharply lower

CoinDesk·November 5, 2026·1 min read
Bitcion tumbles to $76,000 as collapsing AI trade drags stocks sharply lower

Bitcoin fell to $76,000 as the AI trade collapsed, dragging stocks sharply lower. The post-election rally reversed, but cryptocurrencies held up relatively better despite a $1 billion liquidation wave. The decline highlights the interconnectedness of tech and crypto markets, with investors fleeing risk assets amid the AI selloff.

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