The rise of Bitcoin, the digital currency that used to live on the outskirts of the financial world, has achieved yet another remarkable milestone by propelling it to the top tier of global assets. With a price boost that exceeded the mammoth figure of $94,000, Bitcoin has now market-capped Google and Amazon to firmly place itself as the fifth-largest asset in the world.
A Historic Surge: Bitcoin’s Market Cap Climbs the Ranks
The astonishing Bitcoin’s market cap increased to 1.86 trillion dollars after the price surged to 94,320 dollars on 23rd April, 2025, surpassing the Google market cap of 1.859 trillion and Amazon’s 1.837 trillion dollar mark. This unprecedented achievement is a landmark leap for the cryptocurrency and a testament to its growing acceptance within the global economy.
Moreover, during Bitcoin’s unprecedented hike, it also surpassed silver, long regarded as a safe haven asset with a market capitalization of $1.853 trillion. This comparison emphasizes Bitcoin’s growing acceptance as a store of value, alongside traditional safe havens.
The Ascent Continues: Chasing Corporate Giants
Surpassing Google, Amazon, and silver is remarkable, but Bitcoin has a long way to go before it can be considered part of the leading corporate giants. NVIDIA, the software behemoth, sits in 4th with a $2.41 trillion market cap, while Microsoft is in 3rd with $2.72 trillion. In second place is Apple with $3 trillion, and gold continues to sit firmly in 1st as the world’s largest asset with a staggering market cap of $22.4 trillion.
Even with the distance to the top, Bitcoin’s standing as the only cryptocurrency in the top ten largest assets showcases its monumental effect on the financial sector. The second cryptocurrency, Ethereum, sits at 61st place with a market cap of $217.5 billion, which demonstrates Bitcoin’s dominance in the digital asset industry.
Market Momentum: The Bullish Trajectory of Bitcoin.
Recent metrics indicate that Bitcoin’s price has been aggressively rising, increasing by 5.8 percent in 24 hours. Though it momentarily reached the euphoric height of $94,320, the market capitalization surge signifies the optimism and increased trust of investors in the digital currency.
Analyst’s Vision: Bitcoin Prepared to Surpass Gold
Cathie Wood, the founder and CEO of ARK Investment Management, has been at the forefront advocating for Bitcoin’s long-term potential. Just like she did last December when she made the ‘outlandish’ claim that Bitcoin’s market cap would someday surpass gold’s. At her estimate, Bitcoin’s market cap was around $2 trillion, while gold ensured a whopping $15 trillion.
Wood’s bullish outlook is based on the assertion that Bitcoin is still relatively young in regard to its adoption. She predicts it won’t be long until the biggest cryptocurrency by market cap overtakes gold and becomes the largest asset.
Echoes of the Past: A Retreat to Safe Havens Like Gold and Bitcoin
In the past, gold and Bitcoin shared some key similarities, especially in the context of being safe-haven assets used to counter inflation and the underlying economic danger in the conventional markets. Both these assets also have a limited supply, which supports their value. Additionally, experts note that the macro trends of Bitcoin lag behind those of gold by some months, suggesting increasing correlation between the two assets.
How Bitcoin Is Advancing Global Finance
It is a crucial milestone in the history of cryptocurrency that Bitcoin now ranks as the fifth largest asset in the world. The surpassing of more than US$5 trillion market capitalization of leading cryptocurrency surpassing the likes of Google and Amazon shows the increasing dominance and market cap of Bitcoin. It is clear that Bitcoin still has a long way to go in its development and to gain acceptance but it will dominate the global monetary system with unregulated finances and it could dethrone traditional assets in the future.
