Bitcoin has become the world's fifth-largest asset, overtaking Amazon by market capitalization.
Bitcoin price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported.
These gains allowed Bitcoin to surpass a $2.4 trillion market capitalization, overtaking Amazon's $2.3 trillion, Silver's $2.2 trillion and Alphabet's (Google) $2.19 trillion, data shows.
This means Bitcoin's market cap was only $730 million shy of tech giant Apple, at the time of writing.
