{"id":237101,"date":"2022-05-13T02:40:42","date_gmt":"2022-05-13T01:40:42","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=237101"},"modified":"2022-05-13T02:29:13","modified_gmt":"2022-05-13T01:29:13","slug":"crypto-com-boss-clarifies-whats-different-between-now-and-last-bear-market","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/crypto-com-boss-clarifies-whats-different-between-now-and-last-bear-market\/","title":{"rendered":"Crypto.com boss clarifies what’s different between now and last bear market"},"content":{"rendered":"

Crypto.com CEO Kris Marszalek<\/a> called the brutal downturn a ‘really rough day.'<\/p>\n

Over the last seven days, total market cap losses amount to $570 billion<\/a>, or -33%. And with markets spooked, there's always the threat of more panic selling as investors look to minimize their losses.<\/p>\n

However, in some semblance of hopium, albeit a negligible one, Marszalek points out that ‘nobody is questioning crypto's survival,' unlike the overriding narrative of the last bear market.<\/p>\n

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It\u2019s a really rough day for crypto. <\/p>\n

The biggest difference between 2018 and what is happening today? <\/p>\n

Nobody is questioning crypto\u2019s survival. The industry will come back stronger. It always does.<\/p>\n

Stay safe through the storm \ud83d\ude4c<\/p>\n

— Kris | Crypto.com (@kris) May 12, 2022<\/a><\/p><\/blockquote>\n