Tickers
Circle Internet Group (CRCL) fell 12% to $67 as a sharp Bitcoin reversal dragged crypto-linked equities lower, with Coinbase and Strategy each dropping about 10%. The selloff came despite fresh positive news at the stablecoin issuer, which provided no support for the stock. On Thursday, Bitcoin dropped 5.65% to $75,880.60 and Ethereum tumbled 7.80% to $2,233.79 as a broad Wall Street sell-off, its worst day in 18 months, spilled into digital assets and erased Bitcoin’s post-election rally.
Crypto-Linked Stocks Slide as Bitcoin, Ethereum Tumble in Broad Wall Street Selloff
Cryptocurrency markets suffered steep losses on Thursday as a broad sell-off across Wall Street spilled into digital assets, triggering renewed selling pressure, according to a report from fool.com.
Bitcoin dropped 5.65% to $75,880.60, while Ethereum tumbled 7.80% to $2,233.79.
Bitcoin Erases Post-Election Rally
The decline erased Bitcoin’s post-election rally, the report said. The move came as Wall Street suffered its worst day in 18 months, with the equity selloff spilling into digital assets.
Crypto-Linked Equities Under Pressure
The reversal in Bitcoin dragged crypto-linked equities lower, with Coinbase and Strategy each dropping about 10%, according to the report.
Circle Internet Group (CRCL) fell 12% to $67. The selloff came despite fresh positive news at the stablecoin issuer, which provided no support for the stock, the report noted.
Key Moves at a Glance
- Bitcoin: down 5.65% to $75,880.60
- Ethereum: down 7.80% to $2,233.79
- Coinbase: down about 10%
- Strategy: down about 10%
- Circle Internet Group (CRCL): down 12% to $67
The source article was published on Nov. 5, 2026, and categorized under general market coverage.