Bitcoin once fell into a technical bear market, while technology stocks were under pressure as well. Strategy (MSTR.US) has dropped more than 16% year-to-date.

Zhijing Finance APP learned that on Friday, Bitcoin once again sharply fell, dropping below the $100,000 mark. It fell more than 20% from its historical high of $126,272.76 on October 6, entering a technical bear market by conventional definition. This is the first time Bitcoin has touched the "bear market line" since April 23. At the same time, the technology sector of the US stock market saw a sharp correction, raising concerns in the market about whether the momentum driving the rise of risk assets this year is being shaken.