#GlobalTechSell-OffHitsRiskAssets The recent global tech sell-off is more than just Nasdaq pain — it’s sending shockwaves through all risk assets, including crypto. Understanding the mechanics is critical for positioning.
📉 What’s Driving the Sell-Off?
Rising Interest Rate Pressure
Tech stocks, heavily leveraged and growth-oriented, are highly sensitive to rates.
Bond yields rising → future cash flows discounted → tech valuations drop.
Risk-Off Sentiment Spreads
Investors rotate from equities to safe havens (USD, bonds, gold).
Crypto, as a high-beta risk asset, is impacted immediately.
Macro