Bitcoin has achieved a significant financial milestone, with its market capitalization eclipsing that of tech giant Amazon. Bitcoin’s total market value now stands at approximately $2.45 trillion, narrowly exceeding Amazon’s market cap valuation of $2.43 trillion.
This surge positions Bitcoin as the sixth-largest asset globally by market capitalization. The cryptocurrency is currently trading near $121,590.36 (as of the latest available data) and holds a dominant 59.78% share of the entire cryptocurrency market.
This landmark event underscores Bitcoin’s growing stature within the global financial landscape. Analysts suggest this shift signals evolving investor perspectives and potentially alters traditional investment landscapes, reflecting heightened institutional interest and its perception as a major institutional-grade asset class.