The crypto market saw a widespread fall, with Bitcoin dropping below $101,000, and US stocks related to crypto significantly impacted.

On November 7, according to market data, the crypto market was hit hard again, with a total market capitalization dropping to $3.462 trillion and a 24-hour decline of 2.5%. Bitcoin briefly fell below $101,000, currently reported at $101,471, Ethereum maintained at $3,300, SOL currently reported at $154, and BNB initially reported at $949. The three major U.S. stock market indices closed lower, with the Dow initially down 0.8%, the S&P 500 index down 1.1%, and the Nasdaq Composite down 1.9%. Tech stocks in the U.S. market generally fell, with TSL down 3.5%, Nvidia down 3.65%, and Meta, Amazon, and Intel all down over 2.5%. The alts market generally fell, among which: GIGGLE currently reported at $203, a 24-hour decline of 22%; MITO currently reported at $0.086, a 24-hour decline of 27.2%; KITE currently reported at $0.07, a 24-hour decline of 21%; DCR currently reported at $35.3, a 24-hour decline of 20.6%; XPL currently reported at $0.257, a 24-hour decline of 17%. Crypto concept stocks generally fell, among which: CEX(COIN) down 7.54%; Circle(CRCL) down 11.52%; Strategy (MSTR) down 6.98%; Bitmine Immersion (BMNR) down 9.78%; SharpLink Gaming (SBET) down 7.91%.