Tech salaries have always been bi- or even trimodal. Are we simply seeing a greater trend towards lower end salaries?

In the US you tend to have devs that are in the 75-150 range, the 150-250 range, and the 250+ range for total comp. Mostly these are completely different skillsets, but many companies don't hire in that first range. I am seeing that a lot of downward pressure in that first range, but I think we are also seeing tech cos realize you don't need a shiny degree and deep CS skills if you are doing CRUD.