Bitcoin ($BTC ) has successfully surpassed Amazon (AMZN) in market capitalization, making it the fifth largest asset by market value. With a market capitalization of $2.360 trillion and a coin price reaching $118,600, Bitcoin has shown a significant increase of 6.74% in the past 24 hours

Market Details

• Gold remains the leading asset by value with a market capitalization of $22.470 trillion, up 0.61% with a unit price of $3,346.

• NVIDIA (NVDA) is in second place with a market capitalization of $4.031 trillion, up 0.75% with a share price of $164.10.

• Microsoft (MSFT) holds the third position with a value of $3.727 trillion, but experienced a decline of 0.40% with a share price of $501.48.

• Apple (AAPL) is in fourth place with a market capitalization of $3.191 trillion, up 0.60% with a share price of $212.41.

• Bitcoin ($BTC ) now ranks fifth, surpassing Amazon (AMZN) which has a market capitalization of $2.359 trillion, down 0.13% with a share price of $222.26.

The sharp rise in Bitcoin indicates growing investor confidence in cryptocurrency as an alternative investment asset amid the volatility of traditional markets. With its continued dominance as the largest cryptocurrency, Bitcoin has now become an important symbol in the evolution of global finance. However, the movement of this market also raises questions about long-term stability, especially given the fluctuations seen in major tech companies like Amazon and Apple.

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