{"id":620751,"date":"2026-06-27T16:52:46","date_gmt":"2026-06-27T16:52:46","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/06\/27\/coinbase-circle-underperform-big-tech-as-crypto-stock-slump-deepens\/"},"modified":"2026-06-27T16:52:46","modified_gmt":"2026-06-27T16:52:46","slug":"coinbase-circle-underperform-big-tech-as-crypto-stock-slump-deepens","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/06\/27\/coinbase-circle-underperform-big-tech-as-crypto-stock-slump-deepens\/","title":{"rendered":"Coinbase, Circle underperform Big Tech as crypto stock slump deepens"},"content":{"rendered":"

\"Coinbase,<\/p>\n

Coinbase and Circle have posted steeper losses than Oracle, Netflix and Salesforce, highlighting the widening gap between crypto equities and the broader market.\n<\/p>\n

A broad selloff in technology stocks has weighed even more heavily on crypto-focused companies, highlighting a growing divergence between digital asset equities and the broader US stock market.<\/p>\n

Shares of Coinbase (COIN) and Circle (CRCL) have fallen 69% and 72%, respectively, from their all-time highs. Those declines exceed the drawdowns seen in several major technology companies, including Oracle (ORCL), Salesforce (CRM), Netflix (NFLX) and Palantir (PLTR), which are down between 48% and 57% from their peaks, according to data from The Kobeissi Letter<\/p>\n

By comparison, the large-cap S&P 500 Index has retreated just 3.5% from its recent high.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Coinbase and Circle have posted steeper losses than Oracle, Netflix and Salesforce, highlighting the widening gap between crypto equities and the broader market. A broad selloff in technology stocks has weighed even more heavily on crypto-focused companies, highlighting a growing divergence between digital asset equities and the broader US stock market. Shares of Coinbase (COIN) […]<\/p>\n","protected":false},"author":1,"featured_media":620752,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-620751","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/620751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=620751"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/620751\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/620752"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=620751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=620751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=620751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}