Bitcoin Surpasses Google to Become Fifth-Largest Asset Globally
A Historic Achievement
Bitcoin (BTC) has secured its place as the fifth-largest asset by market capitalization, overtaking Alphabet (Google/GOOG).
Data from CompaniesMarketCap shows Bitcoin’s market cap at $1.87 trillion, edging out Alphabet’s $1.859 trillion.
This positions BTC behind only Gold, Apple (AAPL), Microsoft (MSFT), and Nvidia (NVDA).
The cryptocurrency’s rise highlights its increasing acceptance in mainstream finance and its superior performance compared to traditional assets like gold and tech stocks over the past 15 years.
Factors Fueling the Rally
Bitcoin’s surge is driven by favorable macroeconomic conditions and key industry developments.
Easing U.S.–China trade tensions have boosted optimism, lifting both cryptocurrency and tech markets, with Nasdaq futures gaining 2%.
The recent ETF deal between Trump Media and Crypto.com, aimed at supporting American crypto projects, is expected to further propel Bitcoin’s growth.
Although BTC’s origins are unclear, analysts suggest “there is a high possibility that the original crypto will greatly benefit from the development.”
Technically, Bitcoin has cleared significant resistance levels, surpassing $94,000 and outperforming the Nasdaq, marking a breakout across major asset classes.
Price Projections
Bitcoin hit an all-time high of $108,786 on January 20, 2025, but has since corrected by 13.4%. CoinCodex predicts a potential rebound, with BTC possibly reaching a new peak of $130,514 by May 1, 2025 — a 38.3% increase.
However, a subsequent correction is anticipated, with prices potentially falling below $100,000 by June 17.
Redefining Financial Markets
Bitcoin’s ascent to the fifth-largest asset underscores its resilience and growing influence.
As it continues to challenge established financial benchmarks, BTC’s trajectory will likely shape the future of the cryptocurrency market, reinforcing its role as a pivotal force in global finance.