#BTCOvertakesAmazon Bitcoin has indeed overtaken Amazon in market capitalization, solidifying its position as the world's fifth-largest asset. With a market cap of over $2.4 trillion, Bitcoin is now valued more than Amazon's $2.135 trillion. This milestone reflects growing institutional adoption, regulatory momentum, and a favorable macroeconomic environment.
Key Factors Driving Bitcoin's Surge:-
Institutional Adoption - Increased investment from institutions, particularly through spot Bitcoin ETFs, has played a significant role in Bitcoin's price rally.
Regulatory Momentum - Positive regulatory developments in the US have contributed to the growth of Bitcoin's market cap.
Macroeconomic Environment - Uncertainty in traditional markets has led investors to seek alternative assets like Bitcoin, driving up its value .
Potential Future Targets: -
$150,000 by End of 2025 - Some analysts predict Bitcoin could reach this level if institutional inflows remain strong and rate cuts materialize.
Apple's Market Cap - Bitcoin's market cap is currently around $750 million shy of Apple's valuation. If Bitcoin's market cap hits $3.018 trillion, the price of each coin would reach approximately $157,671 .