According to the latest news, Bitcoin's market capitalization has surpassed $2.45 trillion, exceeding Amazon's market value for the first time, making it the sixth largest asset in the world, only behind gold, NVIDIA, Microsoft, Apple, and Alphabet. This milestone further solidifies Bitcoin's position in the global asset landscape, reflecting the continuous inflow of institutional capital and enhanced market confidence.
At the same time, Ethereum's performance is equally impressive. As of August 2025, the price of Ethereum has surpassed $4,300, reaching a new high since 2021, with its market capitalization briefly exceeding Mastercard. The main driving force behind this surge includes institutional investors such as BlackRock, Fidelity, and Grayscale. It is reported that BlackRock purchased $250 million worth of Ethereum in a single day, while Fidelity and Grayscale bought $130 million and $60 million respectively. The entry of these large funds reflects institutional recognition of Ethereum's future value. With the influx of large institutional capital, the support below Ethereum is becoming increasingly solid, raising the risk of short selling.
In terms of policy, the recent policies introduced in the United States have injected new momentum into the crypto market. The executive order signed by the President allows 401(k) retirement plans to invest in crypto assets, which is expected to bring about $8.9 trillion in potential capital inflow, providing strong policy support for the growth of the entire crypto asset market.
Nevertheless, the price volatility of Bitcoin and Ethereum remains significant, and the market may face pullback pressure in the short term. However, in the medium to long term, the outlook is still optimistic for an upward trend.
The breakthrough in Bitcoin's market capitalization is not only a sign of the mainstream financial recognition of crypto assets but also indicates the gradual enhancement of digital currencies' role in global asset allocation. With continuous inflows of institutional capital and an increasingly favorable policy environment, the long-term development potential of the crypto market remains promising.
