Amazon's $2.82T Market Cap Tops the Entire Crypto Market
The AMZN-to-crypto flip is being framed as a 2001 dot-com bottom analog: ETH, ADA, and LINK sit 61% to 94% below their 2021 highs, the same setup Amazon printed before its 87,000% run.
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The AMZN-to-crypto flip is being framed as a 2001 dot-com bottom analog: ETH, ADA, and LINK sit 61% to 94% below their 2021 highs, the same setup Amazon printed before its 87,000% run.
The reading matches prior cycle bottoms in 2015, 2019, 2020, and 2022 — and historically, total crypto market cap has been higher 100% of the time three months and one year later.