#MarketRebound Bitcoin has reached a significant milestone, surpassing Amazon in market capitalization for the first time. This surge positions Bitcoin as the 6th largest asset globally, with a market cap of $1.857 trillion, slightly ahead of Amazon's $1.837 trillion. This rally is attributed to increasing institutional investment, sustained inflows into spot ETFs, and improved global macroeconomic sentiment.
This achievement highlights Bitcoin's growing acceptance as a mainstream financial asset. It now trails only Alphabet (Google) in the top asset rankings, with Gold maintaining its position as the largest asset by market capitalization at $22.5 trillion. This development signifies a notable shift in the financial landscape, with digital assets gaining prominence alongside traditional corporate giants.