Bitcoin 
$64,336 has gained 6.63% in value over the last 24 hours, reaching $94,311 and elevating its market capitalization to $1.846 trillion. With this increase, Bitcoin has now surpassed both silver and Amazon, becoming the world’s sixth most valuable asset. The next target in its sights is Alphabet.
Outpacing Silver and Amazon
According to data, Bitcoin’s market value has surpassed Amazon’s, which stands at $1.837 trillion. Just above Amazon, Alphabet has a market capitalization of $1.859 trillion. The narrowing gap between Bitcoin and these tech giants has heightened expectations among enthusiasts that Bitcoin may soon join the top five assets.
During the same period, Amazon’s stock price rose by 3.5% to $173.18. Nevertheless, Bitcoin’s rapid ascent illustrates its ability to move beyond traditional market dynamics. Meanwhile, silver has seen a slight decline, losing 0.08% and weakening its competitive position against Bitcoin.
This development has sparked significant discussions on social media. Some users argue that Bitcoin could soon become the second most valuable asset. Prominent figures in the crypto market, such as Oliver L. Velez, have remarked, “Bitcoin has surpassed Amazon; now it’s time for the top spot.”
Institutional Purchases on the Rise
Interest in Bitcoin appears to extend beyond individual investors. The Bitcoin Treasury Company Strategy purchased 6,556 BTC worth $555.8 million. Such large-scale transactions indicate that digital assets are being increasingly recognized as serious investment instruments.
Former BitMEX CEO Arthur Hayes predicts that Bitcoin could reach $110,000 in the short term. He believes the current market conditions are sufficiently robust to support this forecast. Investor sentiment confirms that Bitcoin is now on the radar of not just tech enthusiasts, but also finance professionals.
Gold remains at the top of the list with a market value of $22.416 trillion. Technology giants like Apple, Microsoft, and NVIDIA are positioned just above Bitcoin. This ranking signals a new era where different asset types are directly compared.
Referring to Bitcoin as digital gold is not without reason. The rise in institutional purchases is helping stabilize its price trajectory. Investors are now viewing it as not just a cryptocurrency but also as an alternative store of value.
