【Coinlive Data】Stock Performance of the Cryptocurrency Industry in 2022

Investment assets such as stocks and cryptocurrencies are facing the biggest challenges as the impact of hot money fades. Financial markets this year have not been too kind to long-term investors. Whether it is a savvy stock market investor based on fundamentals or a long-term believer in Bitcoin, if you entered the market between January and May this year, your account should be in a loss state today. As of this writing, only 40 of the 145 large U.S. public companies with a market capitalization of more than $100 billion have positive annualized returns, or 27.6% when converted to a percentage. These companies are world-class companies operating global businesses, not the "monster stocks" we saw in "The Wolf of Wall Street".

If these Fortune 500 companies can't generate decent returns for investors, how about the public companies related to cryptocurrencies? Basically, the trend of companies in the encryption industry follows the Bitcoin market. In other words, the price of Bitcoin has halved from its opening price at the beginning of this year, and the stock prices of cryptocurrency companies are naturally doomed. The following is a list compiled by the author for your reference.

Author: [Coinlive] Nell