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Crypto Wrap Week 45: Wall Street Reels, Asia Crashes and Crypto ETFs Bleed in a Week Shaped by the Democratic Midterm Sweep
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Crypto Wrap Week 45: Wall Street Reels, Asia Crashes and Crypto ETFs Bleed in a Week Shaped by the Democratic Midterm Sweep

The week opened with Democrats winning both chambers of Congress. The Dow jumped nearly 1,600 points, or 3%, on Wednesday, its biggest gain of the year. The mood flipped the next day as an AI selloff took hold. The Nasdaq Composite fell 5.52% to 24,315 and the S&P 500 dropped 4.36% to 7,353.73, with the …

Laurisa
By Laurisa

Junior Author · November 8, 2026

2 min
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This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.

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About the author

Laurisa
Laurisa

Emerging voice in crypto journalism with a background in fintech and digital economics. Covers DeFi, NFTs, and the evolving regulatory landscape.