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 May 09, 2025    |    1 week ago

Bitcoin Soars to 5th Most Valuable Asset Globally, Surpassing Amazon

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Alex Buntrock

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In a historic milestone, Bitcoin has surged to become the 5th most valuable asset on Earth, overtaking Amazon with a market cap of $2.048 trillion and a price of $103,159, marking a 6.29% daily increase.

 

 

This places Bitcoin behind only Gold ($22.293T), Microsoft ($3.256T), Apple ($2.949T), and NVIDIA ($2.863T), according to the latest market cap rankings.

 

 

The cryptocurrency’s ascent has been meteoric, with recent web data showing Bitcoin surpassing Alphabet (Google) and Amazon in late April 2025, fueled by growing institutional adoption and favorable regulatory developments.

 

 

Bitcoin briefly crossed the $100,000 threshold on May 8, 2025, following a Trump-announced UK trade deal that boosted investor confidence in digital assets.

 

 

The rally has been further supported by significant moves in the crypto space, including Arizona’s recent passage of a Bitcoin Reserve Fund law, allowing the state to hold BTC as a strategic asset, and Coinbase’s $2.9 billion acquisition of derivatives platform Deribit, signaling deeper integration of crypto into traditional finance.

 

 

Posts on X reflect a surge in sentiment, with users describing Bitcoin’s rise as a “reflexive legitimacy at a planetary scale,” while others note its role as a hedge against inflation amid global economic uncertainty.

 

 

Meanwhile, Amazon, now at 6th with a $2.039 trillion market cap, saw a 1.79% daily gain to $192.08, but couldn’t keep pace with Bitcoin’s momentum.

 

 

The top 10 list also includes Alphabet ($1.880T), Silver ($1.835T), Saudi Aramco ($1.601T), and Meta Platforms ($1.503T), highlighting Bitcoin’s unique position as the only cryptocurrency in this elite group.

 

 

Analysts suggest this breakthrough could pave the way for further mainstream acceptance of digital assets, with some predicting Bitcoin may challenge NVIDIA’s spot if the bullish trend continues.

 

 


 

 

DISCLAIMER

On-Chain Media articles are for educational purposes only. We strive to provide accurate and timely information. This information should not be construed as financial advice or an endorsement of any particular cryptocurrency, project, or service. The cryptocurrency market is highly volatile and unpredictable.Before making any investment decisions, you are strongly encouraged to conduct your own independent research and due diligence

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