BREAKING: Crypto Stocks Enter Bear Market Territory as Losses Deepen

Crypto-related stocks are deep in bear market territory, with several major companies down more than 50% from their respective highs.
Performance declines include:
- Gemini ($GEMI): -84%
- Figure ($FIGR): -70%
- IREN ($IREN): -68%
- Marathon Digital ($MARA): -63%
- Coinbase ($COIN): -59%
- Riot Platforms ($RIOT): -56%
- Galaxy Digital ($GLXY): -53%
- Strategy ($MSTR): -51%
- Circle ($CRCL): -45%
- Robinhood ($HOOD): -43%
The sell-off highlights the severe pressure across crypto-linked equities, with some stocks losing more than 80% of their value.