#BTCOvertakesAmazon Bitcoin's market capitalization has temporarily surpassed Amazon's, reaching around $2.42 trillion. This shift in valuation is attributed to Bitcoin's current price, combined with its limited supply of 19.76 million circulating coins. Here are some key points to consider ¹ ²:

- *Bitcoin's Price*: Trading at around $118,408, with a 19.63% increase over the past 90 days.

- *Market Dominance*: Bitcoin's dominance remains strong at 59.66% of the total crypto market, valued at $3.95 trillion.

- *Institutional Interest*: Growing institutional investment and ETF-driven demand are significant factors in Bitcoin's surge.

- *Future Projections*: Analysts predict Bitcoin could reach $135,000 by Q3 and $200,000 by year-end, with some forecasting a price of $167,000 to challenge Apple and Microsoft's market caps.

- *Market Volatility*: Temporary changes in market cap are not officially recognized without regulatory confirmation, and Bitcoin's price can be sensitive to interest rate signals, policy changes, and broader market liquidity.

This development highlights the growing recognition of digital assets as legitimate components of diversified portfolios, particularly among institutional investors seeking exposure to high-conviction, long-term holdings $BTC