According to @KobeissiLetter, Blackstone's stock (BX) opened lower at 9:30 AM ET even as the S&P 500 hit a new all‑time high at the open, and by 10:35 AM ET BX was down 4% with no material news cited, source: @KobeissiLetter on X, Jan 7, 2026. At 12:45 PM ET, President Trump announced a ban on institutional purchases of single‑family homes, and within five minutes BX fell 9%, erasing about 17 billion in market cap on the day, source: @KobeissiLetter on X, Jan 7, 2026. By 2:30 PM ET, BX rebounded about 5% from its intraday low as dip buyers stepped in, source: @KobeissiLetter on X, Jan 7, 2026. The source did not report any immediate cryptocurrency market reaction, source: @KobeissiLetter on X, Jan 7, 2026.