Key Takeaways
- Bitcoin has surpassed Alphabet, silver, and Amazon in market cap.
- Its market value now exceeds $1.8 trillion, making it the 5th largest global asset.
- A 12% weekly price surge helped Bitcoin break above $94,000.
Bitcoin has reached a new milestone, overtaking Google, silver, and Amazon in market capitalization to become the fifth most valuable asset globally.
Data from CompaniesMarketCap shows Bitcoin’s total market value has surpassed $1.8 trillion.
Alphabet, Google’s parent company, now trails behind Bitcoin by roughly $12 billion.
Silver, with a valuation of $1.856 trillion, and Amazon, valued at $1.837 trillion, also fell behind as Bitcoin surged.
Recent Price Performance
Bitcoin’s rally this week has been fueled by easing trade tensions and increased investor confidence.
The price climbed 12% over the past seven days, briefly surpassing $94,000 during Wednesday’s Asian trading session, according to TradingView.
Next Targets
Currently, Bitcoin is eyeing Nvidia, the fourth largest global asset, which holds a valuation of $2.4 trillion.
However, Bitcoin would need to rise over 1,000% to match gold’s dominant $13.7 trillion valuation.
Market Impact
The digital asset’s divergence from traditional equities has grown, reinforcing its appeal as a macro hedge.
This momentum has also carried over into ETF markets.
On Tuesday, U.S.-listed spot Bitcoin ETFs recorded $913 million in inflows—their largest single-day total since mid-January.
It marked the third straight day of net gains for these funds.
Expert Commentary
Matt Hougan, CIO at Bitwise, said:
Bitcoin is rallying because they broke the economy. And the way they’ll ‘fix’ the economy will make Bitcoin rally harder.
Bitcoin developer Adam Back added:
Prices under $100,000 are cheap.
