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COINDESK: BITCOIN, ETHEREUM, CRYPTO NEWS AND PRICE DATA · CRYPTO ·

SpaceX’s $600 billion plunge erased equivalent of nearly half of bitcoin’s market cap in 3 days

As reported by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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, a newly public company, experienced a massive $600 billion valuation drop in just three days following its first bond sale announcement. This significant plunge erased an amount nearly half the total market capitalization of Bitcoin. In contrast, Bitcoin's value remained…

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Market Samachar is a news aggregator. This article was originally published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data. Tap the button above to read the full story on their site.

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