TwistedEagle
on January 24, 2022
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Tanking Tech & Crypto Markets see Musk & Bezos Bleed Billions
The world’s richest person, Elon Musk, had his net worth drop by $25.1 billion (or 9%) and Amazon’s Jeff Bezos lost $20 billion in a week that’s been almost disastrous for tech and crypto elites.
Markets dipped the most since the onset of the pandemic as the specter of interest rate hikes by the US Federal Reserve loomed over the economy.
Cryptocurrencies were also hit hard with Bitcoin’s price recently dropping to a six-month low, plunging below $34,000 Monday.
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