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Tech Selloff Sends Nasdaq 100 Down 6.4%, Erasing $2.3 Trillion in Value

TokenPost·November 5, 2026·1 min read
Tech Selloff Sends Nasdaq 100 Down 6.4%, Erasing $2.3 Trillion in Value

A tech selloff sent the Nasdaq 100 down 6.4%, erasing $2.3 trillion in value. AI and semiconductor shares led the slide, while crypto-linked stocks also declined. Prediction-market pricing showed less confidence in Bitcoin topping $68,000 imminently, reflecting broader risk-off sentiment across both tech and digital assets.

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