• CZ says crypto’s $4.01T market cap is still smaller than one major chip company.
• Solana leads major cryptocurrency gains with a 15.77% weekly performance surge.
• CMC altcoin season index reaches 65, indicating growing altcoin outperformance.

Former Binance CEO Changpeng Zhao has drawn attention to cryptocurrency market valuations by comparing the entire sector’s $4.01 trillion market capitalization to a chip company’s market cap. Zhao’s X post suggested that “the combined market cap of all future money is less than one chip company’s market cap.” He also asked others to “do the math” regarding crypto’s relative scale.

The global cryptocurrency market has gained 1.14% to reach $4.01 trillion, though Bitcoin and Ethereum have shown limited movement over recent trading sess…

Read The Full Article CZ Highlights Crypto’s $4T Market Cap as Smaller Than a Single Chip Company Valuation On Coin Edition.

• CZ says crypto’s $4.01T market cap is still smaller than one major chip company.
• Solana leads major cryptocurrency gains with a 15.77% weekly performance surge.
• CMC altcoin season index reaches 65, indicating growing altcoin outperformance.

Former Binance CEO Changpeng Zhao has drawn attention to cryptocurrency market valuations by comparing the entire sector’s $4.01 trillion market capitalization to a chip company’s market cap. Zhao’s X post suggested that “the combined market cap of all future money is less than one chip company’s market cap.” He also asked others to “do the math” regarding crypto’s relative scale.

The global cryptocurrency market has gained 1.14% to reach $4.01 trillion, though Bitcoin and Ethereum have shown limited movement over recent trading sess…

Read The Full Article CZ Highlights Crypto’s $4T Market Cap as Smaller Than a Single Chip Company Valuation On Coin Edition.