Crypto stocks are getting hammered as Nasdaq slides into correction territory, wiping out $17 trillion from the market. Bitcoin dropped below $66,000, dragging down major players like Coinbase ($COIN), Galaxy ($GLXY), and Robinhood ($HOOD) with steep losses. Miners like Riot ($RIOT) and CleanSpark ($CLSK) also fell hard as risk-off sentiment spreads.

The sell-off is part of a broader market rout hitting tech giants, gold, and silver. Bitcoin is down 45% from its October peak, while the Nasdaq 100 is now in correction, down over 10%. Rising yields and inflation fears are pushing investors away from risk assets, with even the traditional 60/40 portfolio struggling.

Bitcoin and crypto stocks are under pressure as Nasdaq correction deepens. $BTC below $66K, major names like $COIN and $GLXY down sharply. Risk-off mood dominates as $17T wiped from market. Traders should watch for more downside if yields keep climbing.

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