大冰要抄底(专注交易) Sees Major Market Cap Giants Plummeting in October
According to Twitter user 大冰要抄底(专注交易), stocks of major market cap giants like Nvidia, Google, and Amazon experienced significant declines in October. Nvidia's stock market cap is approximately $5 trillion, with a monthly drop of 20%; Google's market cap is around $4 trillion, with a monthly drop of 30%; Amazon's market cap is about $3 trillion, with a monthly drop of 20%. Bitcoin, traded on the US stock market, has a market cap of about $1.5 trillion. Da Bing believes that the market will continue to face downward pressure in November and December, with expectations of a larger decline in the second month. The Nasdaq market has a massive market cap, making it difficult to stabilize through capital injection, and it will need to wait for market recognition before it can stop falling.
-- Price
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