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Bitcoin Surpasses Google to Become the World’s Fifth Largest Asset
In a remarkable milestone for the cryptocurrency market, Bitcoin has overtaken Alphabet (Google) to secure the position of the world’s fifth largest asset by market capitalization.
According to the latest market data, Bitcoin’s market cap now stands at $2.456 trillion, slightly ahead of Google’s $2.450 trillion. This achievement reflects a 3.01% surge in Bitcoin’s price, which currently trades at around $123,494.
The updated global rankings place Gold at the top with a massive $22.881 trillion market cap, followed by NVIDIA ($4.428T), Microsoft ($3.869T), and Apple ($3.462T). Bitcoin’s climb to the fifth spot is another testament to its growing acceptance and recognition as a store of value alongside traditional assets and tech giants.
Bitcoin’s rise highlights the shifting dynamics of the global financial landscape, where digital assets are competing directly with long-established corporations and commodities.
If the momentum continues, analysts believe Bitcoin could soon challenge for the fourth spot, currently held by Apple.#btc #August Market Prediction #Crypto Market Cap Hits ATH #BTC Market Cap Tops Amazon