CoinDesk reports that a post-election rally in AI stocks reversed sharply, leading to a significant downturn. Despite this, cryptocurrencies fared better, experiencing a $1 billion liquidation wave but showing relative resilience. A trader from Wintermute expressed a cautiously optimistic view, suggesting a 'glass half full' perspective amid the turmoil.
Based on the CoinDesk report; not independently verified.
Source published: Thu, 05 Nov 2026 18:48:40 +0000
[Read the original report](https://www.coindesk.com/markets/2026/11/05/bitcoin-crypto-stocks-caught-in-ai-trade-meltdown-but-wintermute-trader-sees-glass-half-full)
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