Bitcoin flips Amazon’s $2.3T market cap to become 5th global asset

Bitcoin has become the world’s fifth-largest asset, overtaking Amazon by market capitalization.

Bitcoin price rose to a new all-time high and has soared nearly 13% over the past week.

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 $2.19 trillion, Cointelegraph data shows.

This meant Bitcoin’s market cap was only $730 million shy of tech giant Apple at the time of writing.

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