According to @EricBalchunas, markets saw a broad cross-asset selloff with SPY -1.5%, IWM -2.9%, IBIT -3.2%, GLD -0.75%, TLT -0.74%, and SHY -0.06%, indicating weakness even in short-term Treasuries; source: @EricBalchunas on X, Nov 13, 2025. IBIT’s larger decline than SPY shows Bitcoin exposure lagged large-cap equities on the day, while small caps underperformed via IWM; source: @EricBalchunas on X, Nov 13, 2025. For crypto traders, the session demonstrated risk-off pressure hitting Bitcoin-linked instruments such as IBIT alongside equities and bonds; source: @EricBalchunas on X, Nov 13, 2025.