Google, Apple, Facebook, Amazon And Netflix Suffer Losses At Times Globally Than The Crypton
The amount of general market capitalization, according to financial experts, hit $ 1 trillion. This value is several times higher than the losses of the crypton. Experts believe that those whow focus on the decline of cryptocurrency shld pay attention to other sectors of the global economy.
Capitalization of the cryptocurrency market in 2018 fell $ 700 billion. However, the capitalization of technological flags has further collapsed. Their losses amounted to more than 5 trillion for the same time period.
The biggest losses suffered netflix. Its shares have lost 35% of their value. Facebook was in second place. The cost of its shares collapsed by 33.7%. Apple inc. Suffered losses in the amount of 27% and amazon – 19.One%. Google shares (alphabet inc.) lost in value 16.Nine%.
Exchange s&p fell $ 755 billion. In this regard, the founder of the morgan creek cryptophobe anthony highlighted that, assessing the state of various sectors of the global economy, bitcoin can be called a stable asset. The expert urged everyone to invest in cryptocurrency.
However, the ex-trader with wall street john todar objected him, indicating that the stock market is much larger than cryptocurrency and compare it is not the amount of damages, but the dynamics in general.
Previously, experts expressed the view that bitcoin’s price would be helped and when it is waiting for growth.