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Bitcoinist
2018-12-16 16:00:46

FAANG Stocks Lose Over $1 Trillion, More Than All Cryptocurrencies Combined

Facebook, Amazon, Apple, Netflix, and Google stocks have shed over $1 trillion in market capitalization from their all-time highs, marking an even bigger loss in dollar value than all cryptocurrencies combined in 2018. FAANGs Lose Bite Bitcoin and cryptocurrencies, in particular, are not the only bubble in town. Stocks of tech stalwarts like Google, Amazon, and Facebook, collectively knowns as FAANG, have lost over $1 trillion USD in market capitalization from their all-time highs. Comparatively,Read MoreThe post FAANG Stocks Lose Over $1 Trillion, More Than All Cryptocurrencies Combined appeared first on Bitcoinist.com.