Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out
Published . Updated .
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This report is about crypto and AI and big tech.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-8.0% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- COIN Coinbase Global-23.9% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MSTR Strategy-16.4% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MARA MARA Holdings-7.6% 5d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- RIOT Riot Platforms-34.5% 30d
Riot Platforms (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “bitcoin” (crypto) in this story.
- MSFT Microsoft+11.8% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +0.88% | -4.33% | base | -5.23% | after close | after close | after close |
| QQQ | +3.43% | -1.51% | base | -4.89% | after close | after close | after close |
| COIN | +6.12% | -9.07% | base | -10.30% | after close | after close | after close |
| MSTR | -0.59% | -8.23% | base | -9.33% | after close | after close | after close |
| MARA | +4.07% | -6.54% | base | -15.12% | after close | after close | after close |
| RIOT | -10.85% | -23.10% | base | -13.71% | after close | after close | after close |
| MSFT | -4.62% | -8.82% | base | -3.47% | after close | after close | after close |
| GOOGL | -1.88% | -3.44% | base | -1.92% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out Yahoo Finance
Source: Yahoo Finance
This story
| Company | When | Move | Status |
|---|---|---|---|
| COIN | that day | -10.30% | still updating |
| COIN | three days earlier | -9.07% | final price |
| COIN | five days earlier | +6.12% | final price |
| GOOGL | that day | -1.92% | still updating |
| GOOGL | three days earlier | -3.44% | final price |
| GOOGL | five days earlier | -1.88% | final price |
| IBIT | that day | -5.23% | still updating |
| IBIT | three days earlier | -4.33% | final price |
| IBIT | five days earlier | +0.88% | final price |
| MARA | that day | -15.12% | still updating |
| MARA | three days earlier | -6.54% | final price |
| MARA | five days earlier | +4.07% | final price |
| MSFT | that day | -3.47% | still updating |
| MSFT | three days earlier | -8.82% | final price |
| MSFT | five days earlier | -4.62% | final price |
| MSTR | that day | -9.33% | still updating |
| MSTR | three days earlier | -8.23% | final price |
| MSTR | five days earlier | -0.59% | final price |
| QQQ | that day | -4.89% | still updating |
| QQQ | three days earlier | -1.51% | final price |
| QQQ | five days earlier | +3.43% | final price |
| RIOT | that day | -13.71% | still updating |
| RIOT | three days earlier | -23.10% | final price |
| RIOT | five days earlier | -10.85% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 79 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Coinbase Global (COIN), worth $1,001 - $15,000 on 10 Aug 2026. That is 87 days before publication. Filed 8 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Strategy (MSTR), worth $1,001 - $15,000 on 10 Aug 2026. That is 87 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Pete Sessions sold Microsoft (MSFT) (held by a spouse), worth $250,001 - $500,000 on 2 Oct 2026. That is 34 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Lisa McClain bought Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 30 Sep 2026. That is 36 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Michael Rulli sold Microsoft (MSFT), worth $1,001 - $15,000 on 28 Sep 2026. That is 38 days before publication. Filed 2 Oct 2026. View the filing.
- Rep. Pete Sessions sold Alphabet (GOOGL), worth $15,001 - $50,000 on 14 Sep 2026. That is 52 days before publication. Filed 18 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Alphabet (GOOGL) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 62 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Thomas H. Kean Jr sold Alphabet (GOOGL), worth $1,001 - $15,000 on 27 Aug 2026. That is 70 days before publication. Filed 12 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100Price not final
“Bitcoin Erases Election Rally as AI Stocks Plunge, $428 Million in Crypto Longs Get Wiped Out” scores 12 out of 100. The score uses 1 sources. The price is not final yet.