Arthur Hayes, co-founder of BitMEX, explained that sovereign governments consistently favor gold over Bitcoin, while individuals increasingly embrace cryptocurrency for personal autonomy. He noted that central bank officials face minimal career risk when acquiring gold, whereas buying Bitcoin carries reputational exposure if prices decline sharply. Hayes attributed every major Bitcoin bull run to large-scale money printing by the U.S. and China, and noted that central banks began accumulating gold after the U.S. froze Russia's reserves in February 2022.

Technology and artificial intelligence stocks posted their steepest weekly losses since April, while Bitcoin declined toward $100,000. Crypto exchange-traded funds saw outflows exceeding $700 million in one week, with BlackRock's Bitcoin ETF losing nearly $600 million. High-valuation AI stocks including Palantir and Oracle also registered declines despite reporting solid earnings.

Bitcoin has fallen below $100,000, reaching its lowest level in six months and trading 20% below its record high of $126,000. Long-term holders have sold more than 1 million coins since June. Analysts caution that weakening support could drive prices toward $70,000, according to CoinGecko data.

Federal Reserve Governor Stephen Miran said on November 8, 2025, that growing demand for dollar-pegged stablecoins may be lowering the U.S. neutral interest rate. He argued the Fed should cut policy rates to avoid unintentional economic tightening. Miran warned that stablecoins could become a multitrillion-dollar factor for central bankers.

The White House has barred Nvidia from selling its B30A AI chip to China, The Information reported. The chip was designed to meet earlier export rules and enable large language model training through clustered configurations. Nvidia shares fell 4.2% during a broader tech sector decline.

Nvidia finalized a $2 billion AI processor agreement with Kazakhstan this week as the Central Asian nation accelerates its artificial intelligence infrastructure development. The deal comes as Nvidia shares declined over three consecutive trading days, erasing $450 billion from the company's market valuation amid broader technology sector concerns and policy commentary.

Robinhood is evaluating whether to add Bitcoin to its corporate balance sheet, Treasurer Shiv Verma said during the Q3 2025 earnings call on Wednesday. Crypto trading accounted for 20% of quarterly revenue after rising 67.5% to $268 million. HOOD stock declined over 10% amid broader weakness in crypto-linked equities.

Leading U.S. banking trade groups have urged the Office of the Comptroller of the Currency to deny national trust-bank charter applications from four major crypto firms. The Bank Policy Institute and Independent Community Bankers of America argue the charters would grant cryptocurrency platforms federal legitimacy without full banking supervision. Traditional banks contend the arrangement would create regulatory arbitrage and undermine existing oversight standards.

Robinhood reported Q3 2025 revenue of $1.27 billion on November 5, doubling year-over-year and beating Wall Street's $1.19 billion estimate. Crypto trading revenue jumped over 300% to $268 million. Earnings per share reached 61 cents, up from 17 cents in Q3 2024, while net income climbed 271% to $556 million.