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bitcoin
Bitcoin (BTC) $ 88,384.68
ethereum
Ethereum (ETH) $ 3,076.51
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 622.49
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.81713
binance-usd
BUSD (BUSD) $ 0.997969
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cardano
Cardano (ADA) $ 0.593731
solana
Solana (SOL) $ 210.49
matic-network
Polygon (MATIC) $ 0.363368
polkadot
Polkadot (DOT) $ 4.83
tron
TRON (TRX) $ 0.177812
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    HomeCrypto Finance

    ‘Magnificent seven’ tech shares tumble a whopping $280B as crypto surges

    Crypto Finance
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    By admin
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    Latest News

    Greater than $280 billion has been wiped from the “magnificent seven” tech shares following the discharge of a number of earnings stories on Oct. 25, triggering fears of a looming tech recession.

    The so-called “magnificent seven” refers back to the prime seven blue-chip tech corporations together with Apple (NASDAQ:), Microsoft (NASDAQ:), Meta (NASDAQ:), Amazon (NASDAQ:), Alphabet (NASDAQ:), Nvidia (NASDAQ:), and Tesla (NASDAQ:) — who mix to make up 1 / 4 of the worth of the S&P 500 index.

    Google’s (Alphabet Inc Class A) share worth during the last 5 days. Supply: Google Finance
    Change within the cryptocurrency market cap during the last 60 days. Supply: CoinGecko

    Proceed Studying on Cointelegraph

    See also  Fortune favors the model: Why crypto advertising and marketing fails to dwell as much as hype
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