According to CoinMeta, Asian stock markets experienced large-scale selling today, with a market value of approximately $550 billion wiped out. The South Korean stock market fell by 5.28% due to heavy semiconductor sales, resulting in a loss of $203 billion. Meanwhile, Bitcoin rose by 4%, with a trading price of around $80,242. Investors are concerned that after the Democratic Party takes control of Congress in the United States, they may implement stricter data center regulations, which could slow down spending growth in the industry. Despite a significant decline in AI stocks, Chinese tech stocks performed well, with Moore Threads rising by 3.29% and Shanghai Birun Technology increasing by 2.5%.