The carnage continues.

Updated | 11.14.25: Bitcoin is firmly below the bellwether $100K spot price mark, today — trading in late afternoon Friday US time, at about $94,200 $95,000 $98,500. That, plus the widespread belief on Wall Street that there may be no more rate cuts in 2025, and maybe not even in Q1 of 2026. . . has sucked the life out of the End-of-Shutdown euphoria, here in the US.

So Riot is seeing a double whammy — with this looking like a new “Ice Age” for those trying to pivot out of one losing biz (Bitcoin mining) into another (AI data centers, now looking saturated — as contract service providers are literally… everywhere).

Here is CoinDesk’s Saturday night story on the now-arriving Ice Age:

…Crypto market sentiment has deteriorated sharply, with the Fear & Greed Index dropping to 10, a level indicating “extreme fear,” marking a near nine-month low as it’s the lowest reading since late February.

The plunge in sentiment follows a week of losses across major cryptocurrencies, led by bitcoin’s decline to just under $96,000 in a major sell-off that, for the second time this month, saw the cryptocurrency drop below the $100,000 mark….

Yikes. Now you know. Hilarious. Out.

नमस्ते