Risk aversion has intensified across the board, with the AI supply chain leading the decline in US stocks, while Bitcoin temporarily holds at $81,000.

BlockBeats news, October 23 - Last night and this morning, risk aversion sentiment in the US market intensified across the board. On the news front, Saudi energy facilities were attacked, and the US and Israel were reported to have formulated plans to strike Iran after the midterm elections. Brent crude was pushed to a five-month high, and WTI crude rose to a five-month high, approaching $100 per barrel. Meanwhile, the midterm election situation became increasingly uncertain. The above multiple factors caused 2-year to 10-year US Treasury yields to fall by more than 15 basis points. The France-Germany spread once widened to 175 basis points, the highest since the 2011 European debt crisis.

According to Bitget market data, on Thursday the S&P 500 closed at 7,662.54 points, down 1.22%, ending a three-day rally; the Nasdaq Composite fell 2.60%, marking the Nasdaq's largest single-day drop since June. By sector, US consumer staples, healthcare and utilities led gains, while semiconductors, memory chips and optical communications led losses.

Among them, the chip index fell 6.72%. On individual stocks, according to BIT (bit.com) market data, CoreWeave fell 10%. Micron Technology dropped 6.26%. Western Digital fell 6.43%, and dropped more than 5% after hours following earnings. Optical communications company Coherent fell more than 12%, while AAOI and LITE fell more than 11%.

Meta's third-quarter revenue beat expectations, but because capital expenditure continued to be raised and future spending commitments rose to $825 billion, free cash flow turned negative, and its five-year credit default swap quote hit a record high. Financing concerns spread along the AI supply chain. It closed down 6.98% yesterday and fell another 0.61% after hours.

Crypto-related stocks also could not escape the decline. MSTR fell 5%, BMNR dropped more than 6%, CRCL fell 3.44%, and COIN fell 4.49%.

In addition, according to HTX market data, after Bitcoin briefly fell below 81,000 since midnight today, it has temporarily stabilized and moved sideways, now at $81,347.20.