Wintermute’s weekly report noted that AI regulatory risks resurfaced after Democrats won control of both chambers, with the S&P 500 falling 4.4% in a single day; the probability of a rate hike in December rose to approximately 77%, while Bitcoin dropped to $73,500 on Sunday and spot Bitcoin ETFs recorded weekly outflows of $1.28 billion.
Wintermute: AI Regulation Risks Return, S&P 500 Falls 4.4%
TechFlowShare
Summary
Wintermute’s latest weekly market report highlights a resurgence of AI regulatory risks following Democrats’ control of both chambers in Congress, triggering a 4.4% decline in the S&P 500. The probability of a December rate hike is now at 77%. Bitcoin dropped to $73,500, with spot Bitcoin ETFs recording a $1.28 billion outflow for the week. Traders are now shifting their focus to altcoins amid changing market sentiment.
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