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AI Policy Risk Sparks Selloff, BTC Breaks $76K | WEEX Weekly Recap (2026.11.02-11.06)
The market quickly shifted from post-election risk recovery to AI policy risk and data-center restriction pricing. After Democrats gained a clear seat advantage in the midterms, risk assets first traded lower uncertainty, but data-center limits, tighter AI regulation risk, and tech valuation pressure became the new selloff triggers. Thursday’s tech and AI-chain decline pulled BTC below $76,000, moving the market from earnings trades into a second-wave volatility window.
Stocks Crash; Bitcoin Plummets to $76K Support | WEEX TradFi Daily Brief (November 6, 2026)
On November 5 ET close, all three major U.S. indexes fell. Multiple AI-supply-chain stocks plunged. Bitcoin fell back to the $76,000–$77,000 support zone, and Ethereum dropped to $2,240–$2,250. ZEC rose against the tape. October non-farm payrolls data will be released on November 6 ET, with focus also on Moderna’s pre-market earnings.
Bitcoin's rate cut relief stalls as service inflation flares
US services growth slowed as persistent price pressures cloud Fed rate cuts and Bitcoin's prospects for gains.
Current Chief Prosecutor: 'Public Disclosure of Actual Controllers Needed to Prevent Predatory Coin Issuance'
A current chief prosecutor suggested establishing a public integrated disclosure system and disclosing information about actual controllers to block the predatory issuance of virtual assets (digital assets). Kim Yong-je, Chief Prosecutor of the Seoul Southern District Prosecutors' Office, presented ...
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