In a remarkable turn of events, Bitcoin has ascended to become the fifth-largest asset globally by market capitalization, overtaking tech giants Google and Amazon. This milestone was achieved as Bitcoin's price surged past $94,000, reflecting its growing prominence in the financial world.
Key Highlights
Market Cap Milestone: On April 23, 2025, around 11:20 AM UTC, Bitcoin's market capitalization soared to $1.86 trillion, surpassing:
Google: $1.859 trillion
Amazon: $1.837 trillion
Silver: $1.853 trillion
Current Price: Bitcoin is trading at approximately $93,765, marking a 5.28% increase over the past 24 hours.
24-Hour Trading Range: The cryptocurrency experienced a low of $89,063 and a high of $94,320 within the last day.
Top 10 Global Assets by Market Capitalization
Gold: $22.4 trillion
Apple: $3 trillion
Microsoft: $2.72 trillion
NVIDIA: $2.41 trillion
Bitcoin: $1.86 trillion
Google: $1.859 trillion
Silver: $1.853 trillion
Amazon: $1.837 trillion
Saudi Aramco: $1.82 trillion
Berkshire Hathaway: $1.78 trillion
Ethereum's Position
While Bitcoin has made significant strides, Ethereum (ETH) holds the 61st position among global assets, with a market capitalization of $217.5 billion.
Future Outlook
Cathie Wood, CEO of ARK Investment Management, has previously predicted that Bitcoin could surpass gold in market capitalization. Given Bitcoin's finite supply and its increasing adoption as a hedge against inflation, this projection underscores the cryptocurrency's potential for continued growth.
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📢Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.