#AltcoinSeasonLoading - Bitcoin surpasses Amazon to become the fifth most valuable asset in the world.

Bitcoin exceeds Amazon in market capitalization, reaching $ 2.045 billion and a price level of $ 104K.

Amazon urged the adoption of Bitcoin's Treasury strategy amidst the growing institutional influence of BTC.

Bitcoin [BTC] has broken the threshold of $ 100k once again, reaching the remarkable $ 104k after weeks of downward pressure.

According to the latest data from COINMARKETCAP, BTC was trading at $ 103,234.98 at the time of publication, recording a daily gain of 3.67% and an impressive 33.63% over the last month.

But perhaps the most striking development is Bitcoin's latest milestone, namely, it has officially surpassed Amazon in market capitalization.

As of May 9, Bitcoin's valuation rose to $ 2.045 billion, exceeding Amazon's cap of $ 2.039 billion.

While Amazon Stock continues to rise, trading at $ 192.08 with a gain of 1.79%, Bitcoin's rise signals more than just a single price rally.

With this move, it has also surpassed the market caps of Silver, Google's parent company Alphabet, and Meta, positioning itself as the fifth largest asset in the world by market capitalization, according to CompanyMarketCap.

Commenting on this, Sina G., co-founder and chief operating officer of 21st Capital, noted,

"Bitcoin just surpassed Amazon to become the fifth largest asset in the world.

– No CEO

– No headquarters

– No marketing team

Just code, conviction, and global demand. Next stop: Nvidia."

Once considered a marginal investment, Bitcoin is now shoulder to shoulder with traditional financial powerhouses, indicating its evolution into a conventional store of value.

Amazon considers adding Bitcoin.

Therefore, as BTC continues to assert itself as a dominant financial asset, even traditional players are starting to take notice.