Bitcoin market capitalization, Overtakes Alphabet(Google) and Rises to 6th Place in Global Assets
Bitcoin, ranked 6th in market capitalization for the first time (Source: Infinity Market Cap)
According to Infinity Market Cap data, Bitcoin (BTC) has surpassed Alphabet (Google) and ranked 6th in global asset ranking. The current market capitalization of Bitcoin is 2.003 trillion dollars, setting a record surpassing technology giant companies.
This places Bitcoin shoulder to shoulder not only with traditional financial assets but also with global tech companies, proving the value of digital assets worldwide. Experts analyze that the inflow of institutional investors, the growth of the U.S. spot ETF market, and the increasing demand for Bitcoin as a hedge against fiat currency inflation are the main reasons for the rise in market cap.
Currently, only a few massive assets like Microsoft, Apple, Nvidia, and Amazon are ahead of Bitcoin. The market is also paying attention to the possibility that Bitcoin will surpass 2 trillion dollars and enter a higher rank in the next few years.