As of April 23, 2025, the market capitalization of Bitcoin (BTC) reached $1.86 trillion, surpassing Google's (Alphabet) valuation of $1.859 trillion, making it the fifth largest asset in the world, behind only gold, Apple, Microsoft, and Nvidia.

The price of Bitcoin broke through $94,000, primarily driven by easing U.S.-China trade tensions, rising tech stocks, and market optimism towards cryptocurrencies.

This milestone underscores Bitcoin's increasingly solidified status as digital gold and a macro hedge tool. However, its price remains influenced by market sentiment, regulatory policies, and changes in the global economy, and volatility still exists.