Cryptocurrency Bitcoin Breaks Through $123K, Secures Spot Among Top 5 Largest Assets by Market Capitalization
**Bitcoin Breaks into Top 5 Global Assets**
In a remarkable turn of events, Bitcoin has surpassed Amazon's market capitalization to claim the fifth spot among the world's largest assets. According to the latest reports, Bitcoin's market cap now stands at approximately $2.43 trillion[1][2][3], surpassing Amazon's market cap of about $2.38 trillion[2][3][4].
This impressive milestone places Bitcoin behind Gold, Apple, Microsoft, and Nvidia in terms of market capitalization. Gold, with a massive market valuation of $22.64 trillion, remains the top global asset[2][3][4].
Apple currently holds a market cap of approximately $3.15 trillion[2][3][4], while Microsoft's market cap has touched $3.740 trillion[5]. Exact figures for Nvidia and Microsoft aren't specified in the recent reports, but they are included in the top 5 assets.
The price of Bitcoin has also seen a significant surge, reaching nearly $123,250[1][2][3], indicating a 3.84% increase. This aggressive price upswing brightens the chances for Bitcoin to achieve other exclusive milestones in the near future.
Meanwhile, the price of Gold is $3,373[1], following a 0.28% increase over 24 hours. Apple's price has dipped by 0.59%, reaching the $211.16 mark[6]. NVIDIA's price has surged by 0.50% to touch the $164.92 mark[7], while its market capitalization has reached $4.022 trillion[8].
This news marks a significant shift in the global financial landscape, as Bitcoin continues to establish itself as a major player in the world of assets.
[1] https://www.coindesk.com/bitcoin-price/ [2] https://coinmarketcap.com/ [3] https://www.investing.com/crypto/bitcoin [4] https://www.marketwatch.com/investing/stock/amzn/market-depth [5] https://www.marketwatch.com/investing/stock/msft/market-depth [6] https://www.marketwatch.com/investing/stock/aapl/market-depth [7] https://www.marketwatch.com/investing/stock/nvda/market-depth [8] https://www.marketwatch.com/investing/stock/nvda/market-depth
- The surge in Bitcoin's price has propelled its market cap to approximately $2.43 trillion, making it the fifth-largest asset in the world, surpassing Amazon's market cap.
- In the realm of finance and investing, Bitcoin's market cap surge is a testament to the growing influence of blockchain technology and the crypto market.
- As Bitcoin continues to outperform in the market, it showcases the potential for significant returns for investors who are well-versed in the technology and crypto sector.
