⚡️GAFAM
#Google: -30%
#Apple: -30%
#FB #Meta: -59%
#Amazon: -47%
#Microsoft: -31%

⚡️Others
#Alibaba: -67%
#Shopify: -81%
#Netflix: -77%
#PayPal: -76%
#Zoom: -81%
#Tesla: -45%
#Coinbase: -90%

👉🏻 This is not a Crypto crash, but a heavy correction of GAFAM and the Tech stocks that have exploded with the lockdown and digitalization of the economy.

Chart from Statista: Market capitalization of largest companies in S&P500 Index as of April 22, 2022 (in billion U.S. dollars)