50% of the worlds $100B + assets that didn’t exist a decade ~ ago are crypto … ‼️ ByteDance = $400B~ OpenAI = $300B~ Ethereum = $300B~ Tether = $175B~ Binance = $150B~ PinDuoDuo = $150B~ Solana = $100B~ xAI = $100B~
The global cryptocurrency market cap today is $3.35 Trillion, about the same size as one of the largest tech companies in the world, $NVDA $MSFT $AAPL It's crazy someone would rather own some crypto over some real revolutionary cash generating assets. https://t.co/E9XNwJZpx3
The S&P 500 now has a market cap of about $50.6 trillion. But just nine companies -- $MSFT $NVDA $AAPL $AMZN $GOOGL $META $AVGO $TSLA $BRK.B -- make up nearly 38.5% of that. Collectively worth $19.5 trillion. Wow.
Microsoft Corporation (MSFT) reached new all-time highs in its stock price, with shares rising nearly 2% and pushing its market capitalization above $3.6 trillion. The broader technology sector also experienced gains, with ETFs such as XLK and QQQ rising more than 1%, and companies including CrowdStrike (CRWD), IBM, and Seagate Technology (STX) hitting new record highs. Several other stocks, including Spotify (SPOT), DoorDash (DASH), Cisco (CSCO), Zscaler (ZS), Roblox (RBLX), Amphenol (APH), Corteva (CTVA), Liberty Media (FWONK), Insmed (INSM), Northern Trust (NTRS), Kinross Gold (KGC), and Kroger, reached new 52-week highs during the trading day. The S&P 500's total market capitalization stands at approximately $50.6 trillion, with nine major companies—Microsoft, Nvidia (NVDA), Apple (AAPL), Amazon (AMZN), Alphabet (GOOGL), Meta Platforms (META), Broadcom (AVGO), Tesla (TSLA), and Berkshire Hathaway (BRK.B)—accounting for nearly 38.5% of this value, collectively worth about $19.5 trillion. Meanwhile, the global cryptocurrency market capitalization is around $3.35 trillion, comparable to the market value of leading tech firms such as Nvidia, Microsoft, and Apple. Additionally, several private and cryptocurrency-related companies have reached valuations exceeding $100 billion, including ByteDance ($400 billion), OpenAI ($300 billion), Ethereum ($300 billion), Tether ($175 billion), Binance ($150 billion), Pinduoduo ($150 billion), Solana ($100 billion), and xAI ($100 billion).