TechFlow news, November 14 — Shortly after the end of the U.S. government shutdown, market sentiment quickly reversed. A flood of delayed economic data releases and hawkish comments from Federal Reserve officials abruptly cooled down "previously certain rate cut expectations," with tech stocks and cryptocurrencies leading the sell-off. The Nasdaq plunged over 2%, Tesla and Nvidia declined collectively, and Bitcoin dropped below the $100,000 mark.
BiyaPay analysts noted that this round of selling was not driven by a single event, but rather a rapid style rotation triggered jointly by "rate cut uncertainty, high valuation pressure, and risk-averse sentiment." AI and momentum stocks were sold off, while capital clearly shifted toward defensive sectors such as healthcare and consumer staples. In the crypto market, BTC and ETH saw widening losses, and ETF outflows intensified, reflecting institutional short-term risk mitigation; however, the medium-to-long-term trend still hinges on whether accommodative expectations resume once macro data stabilizes.
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