Top Tech Stocks Lost More Than Entire Crypto Market Since All-Time High

The top five tech stocks collectively lost more than $1 trillion in market value from its 52-week highs on Tuesday, which is more than what the whole crypto market lost since its all-time high.
FAANG, a combination of Facebook, Apple, Amazon, Netflix, and Google, was trading in a bear market.
Nevertheless, investor sentiment continued to discourage the tech stocks from attempting a substantial recovery. While Apple suffered from weaker demand and bad reviews for its latest iPhone XR model, socia