Stock Market Drops 20% - Will this affect cryptos?

Yesterday 03/02/2022 Meta Platforms aka Facebook shares dropped 26%! First time I' ve ever seen Facebook drop so much. Is this something that should worry us?
Well In my opinion, no! Meta aka Facebook is one of the most profitable companies out there, minimal expenses, and so much value to each one of us. Yes, the revenues might have dropped, the daily users for the first time are less, some mistakes happened with the metaverse but that does not change the fact that Facebook is still a Tech Giant.
Snapchat -23%, Spotify -16%, Twitter 8%, Shopify even after an amazing year dropped 8%. These are some of the stocks that dropped yestrday. Inflation hitting in, FUD, interest rates increase in the back of our minds, everything affects individuals and hedge funds to buy or sell stocks.
We can see that this Facebook drop, brought Facebook back in January 2021 or even September 2020. So it's ok to say, that last year these stocks went...to the moon. If you drop 26% and only land one year ago, I think we are ok.

Same with the cryptos. After the drop the past couple weeks, Crypto prices are in June 2021 standars, or even February 2021. Bitcoin (BTC) is in the area of 30000 to 40000 dollars at the moment. Will the inflation affect them anymore? Maybe only positive. With the interest rates affect them? Who knows, maybe only positive.

Invest what you can afford to lose. Plan your strategy. See the bigger picture.