Can Bitcoin's market capitalization shrink and still catch up with tech giants?

Question

[Coin World] Bitcoin&#39;s global market capitalization ranking has been a bit awkward recently. Currently, it stands at a market capitalization of $1.75 trillion, but it has been surpassed by a number of tech giants. Looking back at last October, Bitcoin&#39;s market capitalization was still shining brightly, peaking at $2.5 trillion, and the momentum back then was indeed different. Now it has shrunk, and its ranking has slipped down, facing considerable pullback pressure. The market is asking: When will Bitcoin return to its peak? This question probably has no definitive answer, but every fluctuation in the market tells the story of cycles.

LiquidatedThrice · Accepted Answer

Well... 25 trillion cut down to 17.5 trillion, this pullback is indeed a bit fierce.

It&#39;s always like this when it falls from a high point, just the cycle repeating itself, I&#39;ve seen it plenty of times.

Bitcoin&#39;s ranking slipping isn&#39;t anything new; those tech stocks didn&#39;t just appear out of thin air.

Can it return to its peak? Just let fate decide, anyway I don&#39;t believe anyone can predict it accurately.

The market is telling a cyclical story, and we just listen, the next round of stories will be even more interesting.

With such a shrinkage, is it time to enter a position or continue to watch? The difficult part isn&#39;t the technical aspect, it&#39;s the psychological aspect.

RektButAlive · Answer

From 25,000 to 17,500, a 30% shrinkage and still there bragging, tech stocks are dying of laughter.

TradingNightmare · Answer

The shrinkage of 750 billion is really painful, the large investors in tech stocks have completely taken over.

SandwichDetector · Answer

From 25 trillion to 17.5 trillion, this drop is a bit painful... Are the tech giants really able to easily rub the crypto world into the ground?

ContractSurrender · Answer

A shrinkage of over 700 billion, it sounds easy to say but it actually hurts a lot when it falls

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Worse than tech giants? Alright, let&#39;s wait and see

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Starting to talk about the cycle story again, can you just say when the rebound will happen

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From 25 trillion to 17.5 trillion, how many people got liquidated in this wave

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Tech giants have stable cash flow, while we rely on faith to survive, it&#39;s a bit desperate

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Return to the peak? Let&#39;s survive this bear market first

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If the ranking slides down, so be it, I’m still here anyway

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This pressure, it directly weighs on the retail investors&#39; accounts

shadowy_supercoder · Answer

Falling from 25 trillion to 17.5 trillion, isn&#39;t this just a replay of a story from a few months ago... it&#39;s just a cycle.

SoliditySlayer · Answer

Oh no, falling from 25 trillion to 17.5 trillion, that’s quite a drop.

Being crushed by tech giants, it feels like Bitcoin&#39;s status isn&#39;t stable anymore.

To put it bluntly, we still have to wait for the next cycle, who can predict accurately?

Let’s wait and see, history always repeats itself.

Can Bitcoin's market capitalization shrink and still catch up with tech giants?

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