Bitcoin Dips Below $75K, Ethereum, Solana Fall as Broader Tech Sell-Off Affects Crypto

[Para 1: The Lead] Bitcoin (BTC) and other major cryptocurrencies are experiencing significant declines, with BTC falling 5% to $75,000, Ethereum (ETH) dropping 6.5% to $2,200, and Solana (SOL) slipping 5.5% below $100. This downturn is exacerbated by a broader sell-off in the tech sector and financials, with Shopify (SHOP), Adobe (ADBE), Salesforce (CRM), Intuit (INTU) and the iShares Expanded Tech-Software ETF (IGV) all losing 7%-12% and 5% respectively today, marking a week of losses and a 28% decline since October's peak. [Para 2-3: Supporting details & Context] Private-equity stocks are also hard-hit, with Blackstone (BX), Ares Capital (ARES), KKR (KKR), and Apollo Global Management (APO) down 6%-10%. The downturn accelerates after a filing by BlackRock's private debt fund, BlackRock TCP Capital (TCPC), intending to mark down its assets by 19%. This signals potential tightening of liquidity in the system, impacting the broader market, including the cryptocurrency sector. Digital asset-related stocks, such as Galaxy Digital (GLXY) and Coinbase (COIN), are also experiencing steep declines, mirroring the sector's slide. Matt Hougan, CIO of Bitwise Asset Management, describes the current crypto market as a "full-scale winter," akin to 2018 and 2022, suggesting the downturn could be nearing its end after approximately 13 months.