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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

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.

10月 22, 11:05Bitcoin has just cleared excess leverage.

10月 22, 10:191.75 trillion gold market value evaporated within 24 hours

10月 16, 21:50The U.S. credit crisis worsens, bank stocks lose over $100 billion in market value

10月 14, 11:12Bitcoin drops again, causing $200 billion to evaporate

10月 14, 02:29The crypto market lost $380 billion in a week.

10月 13, 16:0020 billion evaporated instantly

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