#selloff

Coinbase and Circle Lag Big Tech as Crypto Stock Selloff Widens

A pullback across US technology stocks is spilling into the crypto sector, and the market reaction is revealing a wider split between digital-asset

A tech stock sell-off has triggered some volatility in the stock market. Kelly O’Grady explains what it could mean for your investments, including retirement accounts. Source link

Markets tumbled around the world on Tuesday, as renewed doubts about sky-high valuations appeared to take hold of investors in some of the largest AI, chip and memory stocks. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The deepening sell-off in technology stocks was led by artificial intelligence and chip stocks, starting overnight with…

A major tech sell-off stretched into a second day Tuesday as investors questioned whether artificial intelligence will generate the profits that have fueled lofty valuations for companies such as Alphabet, SpaceX and Nvidia. After the opening bell, the tech-heavy Nasdaq Composite slumped 628 points, or 2.4%, to 25,537. The decline marks a second day of losses, with the Nasdaq closing 1.3% lower…

The crypto market collapse deepened overnight as Bitcoin briefly dropped toward $60,000 before stabilizing near $65,000.

The move triggered a derivatives bloodbath: over $2.6 billion in positions were liquidated in just 24 hours, with the majority of losses coming from long Bitcoin positions.

On-chain data paint an equally grim picture. According to CryptoQuant, whale inflows to exchanges remain elevated, with Binance recording 78,500 BTC in inflows, nearly half from large holders — the highest level since 2022.

Despite unrealized losses temporarily exceeding $11 billion, Michael Saylor remains publicly confident in Bitcoin’s long-term trajectory. Meanwhile, Ethereum continues to underperform, down nearly 10% in 24 hours and trading below $1,900.

The sell-off is being amplified by weakness in traditional markets, falling tech stocks, and rising geopolitical tensions in the Middle East.

The crypto market downturn is deepening. Bitcoin has fallen below its November 2021 cycle high of $67,400, trading near $66,700 at the time of writing.

BTC is down 8.1% over the past 24 hours and now sits 47% below its all-time high of $126,080 set in October 2025.

Market participants cite global uncertainty and declining risk appetite. Analysts note that Bitcoin is increasingly treated as a high-risk tech asset, not a safe haven.

Veteran trader Peter Brandt warns that the chart structure — eight straight days of lower highs and lower lows — resembles a coordinated market action.

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