Tech industry lost 1 Trillion in the past 3 days, yet crypto is failing

Apple, the most valuable publicly traded company, has seen its market capitalization trimmed by over $200 billion since Wednesday. Microsoft has lost around $189 billion in value, Tesla lost $199 billion. Amazon’s market capitalization has declined by $173 billion. Alphabet, Google’s umbrella company, is worth $123 billion less than it was last week. Graphics card maker Nvidia’s loss stands at $85 billion. And Facebook parent Meta Platforms has lost $70 billion in value.

In contrast the crypto market has lost 130 Billion

Yet you see all these articles about how crypto is dying and BTC has crashed, dont fall for that crap. There are coins and projects that have and will fail, that is no doubt, some are just stupid. But the fundamentals and the concept of crypto is firm and secure.

The technology of ledgers and blockchains is here to stay, how a project or coin uses or misuses it is not proof that the technology is bad.

So look at crypto as an industry and technology not as just the coin or the market.