SpaceX loses $600 billion, nearly half of Bitcoin's market cap
- SpaceX, the recently listed company, has seen its market cap plummet by nearly $600 billion in just 3 sessions after announcing its first bond sale.
- This drop is almost half of Bitcoin's market cap (around $1.2 trillion).
- In the same context, Bitcoin has only dipped less than 1%, indicating relative stability.
- This event reflects the influence of traditional financial markets on cryptocurrencies.
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Source: CoinDesk