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It's just a blip in a way. The entire global crypto market cap has gone down around $800B, roughly the same market cap that Amazon has lost recently.
by sgloutnikov 4y ago
It's just a blip in a way. The entire global crypto market cap has gone down around $800B, roughly the same market cap that Amazon has lost recently.
- NationalPark 4y agoThe difference, of course, is that Amazon's market cap has actual assets and cash flows behind it. The liquidation value of all of crypto on the other hand is approximately $0.