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.