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BTC analysis: SpaceX’s $600 billion plunge erased nearly half of bitcoin’s market cap in three days - CoinDesk

As reported by CoinDesk
The newly public company shed close to half of bitcoin's entire market value in three sessions after announcing its first bond sale. Bitcoin, absorbing the same backdrop, fell less than 1%.
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SpaceX's recent bond sale led to a massive $600 billion valuation plunge, which theoretically equated to almost half of Bitcoin's total market capitalization disappearing in just three days. Despite this significant backdrop, Bitcoin itself experienced a relatively minor dip,…

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