#MarketRebound In Just One Day, Bitcoin Surpasses Silver and Google to Become the Fifth Most Valuable Asset in the World

Bitcoin (BTC), the largest cryptocurrency in the world, surged by 6.7% to around US$94,300 on Wednesday (April 23). This rally propelled Bitcoin to become the fifth most valuable asset in the world, surpassing Alphabet—the parent company of Google.

This milestone comes as Bitcoin's market capitalization soared to US$1.87 trillion, exceeding both Google and silver, which are each around US$1.85 trillion, according to data from Companies Market Cap. Interestingly, Bitcoin surpassed both assets in less than a day.

Previously, Bitcoin had already surpassed other major assets such as Amazon (AMZN) and Meta. However, gold still holds the top position with a market value of US$22.5 trillion.

If this rally continues, it’s only a matter of time before Bitcoin challenges Nvidia (NVDA), which is currently just above it in market capitalization.