Bitcoin market cap overtakes Google’s $2.1 billion valuation as crypto equities also rise
Bitcoin has overtaken Google’s parent Alphabet to become the world’s sixth most valuable asset, and is now sitting within a few percent of Amazon.
The move comes amid a renewed burst of crypto optimism, as Coinbase stock surges on imminent U.S. stablecoin regulation. This one-two punch of market and policy news is fuelling speculation that the sector is cementing its status as a mainstream macro asset class.
Early Friday, Bitcoin’s market capitalization sits at $2.13 trillion while trading above $106,000. That edges it past Alphabet’s $2.11 trillion value, leaving only gold, Microsoft, Nvidia, Apple, and Amazon ahead in the global asset rankings. Bitcoin has climbed over 40% year-to-date, buoyed by sustained institutional…
