⚡️GAFAM
#Google: -30%
#Apple: -30%
#FB #Meta: -59%
#Amazon: -47%
#Microsoft: -31%
⚡️Others
#Alibaba: -67%
#Shopify: -81%
#Netflix: -77%
#PayPal: -76%
#Zoom: -81%
#Tesla: -45%
#Coinbase: -90%
👉🏻 This is not a Crypto crash, but a heavy correction of GAFAM and the Tech stocks that have exploded with the lockdown and digitalization of the economy.
Chart from Statista: Market capitalization of largest companies in S&P500 Index as of April 22, 2022 (in billion U.S. dollars)
#Google: -30%
#Apple: -30%
#FB #Meta: -59%
#Amazon: -47%
#Microsoft: -31%
⚡️Others
#Alibaba: -67%
#Shopify: -81%
#Netflix: -77%
#PayPal: -76%
#Zoom: -81%
#Tesla: -45%
#Coinbase: -90%
👉🏻 This is not a Crypto crash, but a heavy correction of GAFAM and the Tech stocks that have exploded with the lockdown and digitalization of the economy.
Chart from Statista: Market capitalization of largest companies in S&P500 Index as of April 22, 2022 (in billion U.S. dollars)
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💛 Today, #PayPal is launching its own stablecoin #PYUSD for payments and transfers, using #Ethereum blockchain and backed by the US dollar.
💚 #Microstrategy is planning to buy $750 millions worth of $BTC.
💙 The world's largest hedge fund managers are applying for Spot #Bitcoin ETF applications.
💜 #Apple is entering the #Metaverse, and world's largest companies are jumping into #AI.
⚠️ ...and you are still BEARISH because your Permabear Mentor is saying that $15k #BTC is coming!!! 😂
💚 #Microstrategy is planning to buy $750 millions worth of $BTC.
💙 The world's largest hedge fund managers are applying for Spot #Bitcoin ETF applications.
💜 #Apple is entering the #Metaverse, and world's largest companies are jumping into #AI.
⚠️ ...and you are still BEARISH because your Permabear Mentor is saying that $15k #BTC is coming!!! 😂