Nasdaq & Bitcoin Plummet Amid Market Turmoil

The stock market experienced a downturn on November 7th, with the Nasdaq shedding nearly 2% and major tech companies like Tesla, Intel, and Nvidia experiencing significant declines. This coincided with Bitcoin’s plunge below $101,000, triggering substantial trading activity and liquidations. The recent sell-off is not isolated, as it reflects the complex relationship between stocks and cryptocurrencies, impacting investor sentiment and fueling volatility across both markets.