Bitcoin has once again cemented its place in the global financial hierarchy, reaching a market capitalization exceeding $1.8 trillion. This surge propels it ahead of some of the world’s most recognized corporations and commodities, placing it as the fifth largest asset by value.
Outpacing Corporate and Commodity Giants
Recent data from CompaniesMarketCap reveals that Bitcoin’s current market cap puts it just above Alphabet, Google’s parent company, by around $12 billion. The cryptocurrency also now surpasses Amazon, which holds a market valuation of $1.837 trillion, and has edged out silver, a historically significant precious metal, valued at $1.856 trillion.
Now, the next target for Bitcoin is Nvidia, which currently sits in fourth place with a market cap of approximately $2.4 trillion. However, to dethrone gold—the world’s top asset—Bitcoin would need an astronomical rally of over 1,000%.
Price Momentum Builds Amid Economic Shifts
The digital currency has witnessed an impressive 12% jump in value this week alone, now trading above the $93,500 mark. During the Asian trading session on Wednesday, Bitcoin even briefly pushed past $94,000. This rise follows easing global tensions and supportive remarks from President Trump, which calmed market nerves and encouraged investor optimism.
“Digital Gold” Narrative Strengthens
Bitcoin’s trajectory appears to be diverging further from traditional equity markets, enhancing its reputation as a hedge against macroeconomic uncertainty. This trend has been a key factor in reinforcing the asset’s “digital gold” status, especially as investors seek alternatives amid global instability.
Institutional Interest Fuels Momentum
There’s also been a significant uptick in institutional interest. On Tuesday, U.S.-listed spot Bitcoin ETFs recorded their largest single-day net inflow since mid-January, with nearly $913 million pouring in. These funds have now enjoyed three straight days of net inflows, signaling strong investor confidence.
Bitwise CIO Matt Hougan underscored this sentiment, stating, “Bitcoin is rallying because they broke the economy. And the way they’ll ‘fix’ the economy will make Bitcoin rally harder.”
Long-Term Optimism Remains High
Bitcoin developer Adam Back expressed a bullish long-term view, declaring that Bitcoin prices under $100,000 are still “cheap.” This kind of commentary highlights the enduring confidence among industry veterans in Bitcoin’s continued rise.
