Altcoins Talks - Cryptocurrency Forum

Further Discussions => Banks & Cryptos => Topic started by: MRM on September 15, 2020, 10:42:28 PM

Title: Top Banks Lose $635 Billion in Market Cap During 2020
Post by: MRM on September 15, 2020, 10:42:28 PM
Equities of the top banking companies have lost a cumulative $635 billion in market cap so far this year. That's twice the size of the entire crypto market. Bank stocks lost over $635 billion amid increasing fears of inflation among investors and the effect of the ongoing coronavirus pandemic on the global economy, according to a report by financial education site Buy Shares. For comparison, the entire cryptocurrency market is worth only $354 billion.
Source: https://decrypt.co/41809/top-banks-lose-635-billion-in-market-cap-during-2020