No, that is unsubstantiated!
Rest of the market such as Dow, Nasdaq or S& P did not loose 90%!?.
Most mainstream market as above lost about 20% so far, but Canabis/Hemp, almost all the stocks lost from 80-99%. Silver and Gold did not loss but its been kept under 2000 despite it would have gone up a lot, and it will go up!.
Whereas EV stocks, most of the lost huge close to 90% (all small cap or penny stocks lost all).
Crypto's, bitcons lost only about 35-45% (max 50%)...
Market Data 
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