The tech sector is getting hit hard lately. We're watching major software and enterprise solution providers face serious selling pressure, with share prices sliding to levels not seen in over a year. The AI-driven rally that dominated markets is cooling down—and fast. Something like $130 billion in market value has evaporated as investors start reconsidering their bets on AI-heavy companies.

What's interesting for crypto traders? This kind of macro volatility typically signals risk-off sentiment across all asset classes. When traditional tech and software stocks face corrections, institutional money tends to tighten up, which can ripple through crypto markets. The appetite for growth and speculation takes a hit when the broader economic mood shifts. Worth keeping tabs on as we navigate this choppy trading environment.