Tech stocks including crypto-exposed companies Coinbase, Circle, and Robinhood are down 40–60% as Nasdaq 100 declines $5 trillion since early October.
Macro & Markets ·
Coinbase, Circle, and Robinhood have declined between 48 and 62 percent as part of a broader technology sector selloff that has erased nearly $5 trillion from the Nasdaq 100 since October 6th. The declines reflect a market-wide downturn affecting crypto-exposed firms alongside traditional semiconductor and software companies, with losses ranging from 21 to 68 percent across the top twenty-one affected stocks.