Bitcoin Surpasses Silver and Amazon, Becomes Sixth Most Valuable Asset

Bitcoin Surges to Sixth Most Valuable Asset

  • Bitcoin reached $94,311, a 6.63% increase in 24 hours.
  • Market capitalization hit $1.846 trillion, surpassing Silver and Amazon.
  • Amazon's market cap was $1.837 trillion, while Silver was slightly lower.
  • Bitcoin is approaching Alphabet Inc.'s market cap of $1.859 trillion.
  • Gold remains the top asset at $22.416 trillion despite a price decline.
  • Apple and Microsoft follow Gold, with NVIDIA valued at $2.412 trillion.
  • Bitcoin adoption continues to grow as more view it as a hedge against inflation.
  • Corporate investors are accumulating Bitcoin; one firm acquired 6,556 units for $555.8 million.

Current trends indicate Bitcoin's positioning as a major financial asset, closing in on gold.