According to WuBlockchain, during the U.S. stock trading session, the Nasdaq Composite Index fell 5.10%, the S&P 500 Index dropped 3.43%, and the Dow Jones Industrial Average declined 2.41%. The report linked the market volatility to concerns that the Democratic Party, having won both houses of Congress, might tighten regulations on artificial intelligence, and mentioned Democratic plans to investigate the business dealings of Donald Trump’s family, including crypto-related ventures. Citing Binance market data, the report noted that Bitcoin fell 5.97% to $75,695.68, and Ethereum dropped 7.29% to $2,247.74. According to CoinGlass data cited in the report, total liquidations in the crypto market reached $1.03 billion over the past 24 hours, affecting 198,192 traders, with the largest single liquidation occurring on the Binance ETHUSDT trading pair, amounting to $10.94 million. The above figures represent intraday and rolling 24-hour data at the time of the report's release.