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The Kobeissi Letter
The Kobeissi Letter|10月 22, 2025 01:38
Current state of the market: Google stock, GOOGL, erased -160 billion in 2 hours after OpenAI launched a web browser. Then, it added +180 billion back 4 hours later after everyone realized OpenAI's web browser is just Google Chrome with ChatGPT bolted on. (The Kobeissi Letter)
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Timeline

11月 17, 16:30The crypto market evaporated $303.8M in 4 hours.
11月 13, 10:38Bitcoin quickly rebounded after dropping to $100k
11月 12, 05:08The market is not bullish, but ruthless.
11月 07, 04:02The direct cause of the bear market in the last cycle was a series of consecutive collapses.
11月 04, 21:03The U.S. stock market evaporated $730 billion.
11月 04, 20:30Bitcoin fell by 18%, with the market evaporating $700 billion.
10月 28, 19:07The psychological impact of BTC price increase and trading risk
10月 27, 19:53Gold records its worst two-day drop since 2013
10月 24, 15:15Counter-Strike 2 update causes $2 billion in skin value to evaporate
10月 24, 02:02QuantumScape QS is preparing to complete a bullish retest.

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