Why are almost all tech stocks in a deep bear market right now?
Jun 26, 2026
< 1 min read
by Jai Hamid
for CryptoPolitan

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AI Overview
A broad swath of Wall Street technology stocks have fallen into bear market territory, with Coinbase down 69% from its all-time high, Oracle and Salesforce each down 57%, ServiceNow down 56%, and other names like Netflix and Palantir also deeply lower. The steep declines highlight increased market risk for crypto exposure and CEX operators, hurt fundraising and adoption sentiment, and could pressure token markets and DeFi liquidity in the near term.
Bearish
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...






