According to CoinMeta, as reported by Coin Bureau, tech stocks experienced their worst day since the pandemic today, with $3.5 trillion in sales triggered by concerns over AI regulation. The U.S. stock market lost more than $3.5 trillion today, and the Nasdaq 100 index recorded its worst performance since March 2020, with a decline of 6.4%. Chip manufacturers saw significant drops due to fears that a Democratic victory in Congress would lead to stricter AI regulations. Today's declines included: Nasdaq 100: -6.4%, S&P 500: -4.4%, Dow Jones: -3.4%, Chip Index: -12.3%. The crypto market lost nearly $200 billion, with more than $1 billion in liquidations occurring. All three Trump family-related cryptocurrencies hit record lows, and the VIX panic index rose by 63%. However, the Democratic AI plan has not yet been initiated, as Democrats will not take control of Congress until January 3rd, and Trump can veto any bill; overturning a veto requires two-thirds support from both houses. Federal Reserve officials also hinted that there could be further interest rate hikes.