Why are almost all tech stocks in a deep bear market right now?

Crypto Insight Summary: A huge number of Wall Street’s technology stocks have already fallen into bear market territory after losing massive amounts from their record highs. Coinbase (NASDAQ: COIN) has fallen 69% from its all-time high. Oracle (NYSE: ORCL) and Salesforce (NYSE: CRM) have each lost 57%. ServiceNow (NYSE: NOW) is down 56%. Netflix (NASDAQ: NFLX) and Palantir... Crypto Insight Analysis: Direction: Bearish COIN / Neutral BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Tech stock downturn drags down crypto-related equities but has limited direct impact on BTC/ETH.