If you had purchased $1000 worth of bitcoin when Matt Damon 'Fortune Favors the Brave' commercial debuted, your crypto value would be about $481 today.
Well, Twitter TWTR, -2.19% users do, and many of them are bringing up the viral Crypto.com ad, while prices for cryptocurrency like bitcoin BTCUSD, +1.79% and ether ETHUSD, +1.97% are slumping, and crypto exchange platforms like Coinbase COIN, +8.90% are losing billions in market cap.
The commercial, which debuted on October 28, 2021 and was replayed again during the Super Bowl, has now been viewed 9 million times on Twitter and over 17 million times on YouTube. “I’ve never done an endorsement like this,” Damon, who is also a Crypto.com investor, said when the commercial debuted. He also told Bloomberg that he’s ready to “ride or die with the economy” — but he’s also not quitting his day job making movies.Unfortunately, if you had purchased $1000 worth of bitcoin when the commercial debuted, your crypto value would be about $481 today.
It’s worth noting, however, that 40% of people who own bitcoin are upside down on that investment, according to a recent CNBC report.Bitcoin prices moved 5.2% higher on Thursday, rebounding from a tumultuous week. Ether prices were down 1.09% during Thursday’s trading.
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