Falling Stock Markets Are Proof That Millennials Were Right About Bitcoin

Falling Stock Markets Are Proof That Millennials Were Right About Bitcoin
фото показано с : cryptodaily.co.uk

2018-8-1 17:30

As this is crypto news, we’ll keep the reference to the stock markets low. If you didn’t know though, this week, many stocks have fallen after large companies like Netflix, Facebook, Spotify and Twitter have announced big losses in Q2.

According to Marketwatch:

“Both Facebook and Netflix saw their shares fall into bear-market territory on Monday (30th June 2018), defined by a decline of at least 20% from a recent peak, and nearly 40% of the S&P 500’s technology sector is in correction territory, typically characterized as a fall of at least 10% from a recent top.  

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