The aftermath of the midterm elections bloodied US stocks, AI trading faced its biggest crisis ever, and crypto passively followed the decline.

BlockBeats news, November 6 - Last night and this morning, US stocks suffered a "bloodbath," with the S&P 500 index falling 4.4%. The Nasdaq 100 plunged 6.4%, marking its largest single-day drop since March 2020, with approximately $2.3 trillion in market value wiped out in a single day. The chip index plummeted 12%, and the VIX surged 70%.

On the news front, Democrats won both chambers of Congress in the midterm elections, and markets fear the new legislative majority will tighten regulation on AI-related spending and data center construction, with the political shockwave detonating in the stock market with a delay. Goldman Sachs trading desk analysis noted: If land, power, and rack supply in 2028 cannot keep up due to approval restrictions, chip capacity will become relatively oversupplied, and the prices that memory has propped up through supply-demand gaps will lose their support.

On individual stocks, according to BIT stock platform data, Nvidia fell 9% in a single day, erasing all of its year-to-date gains, while Micron dropped 17.46%; memory stocks suffered a "bloodbath," with SanDisk plunging 22% and Western Digital falling 17%.

Previously strong optical communications concept stocks fell even more sharply: AAOI dropped 20.89%, LITE fell 18.68%, and MRVL declined 16.43%.

In the neocloud sector, NBIS fell 14.95% and SHAZ dropped 19.9%.

Among star stocks, Tesla fell 10.77%, SPCX dropped 9.05%, and Apple declined 1.53%.

In the crypto sector stocks, MSTR fell 9.29%, BMNR dropped 12.56%, COIN declined 9.69%, and CRCL fell 8.72%.

Meanwhile, according to HTX market data, Bitcoin fell rapidly after the US stock market opened, then stabilized at $76,000, currently trading at $76,292.00.