Bitcoin Climbs to No. 6 Spot Among Global Market Giants; Closes in on Amazon
2025-07-13 18:52:24
Main Idea
Bitcoin has risen to the sixth position among the world's most valuable assets, nearing Amazon's market capitalization, with potential to surpass higher-ranked assets if its price continues to increase.
Key Points
1. Bitcoin's market value reached $2.361 trillion, surpassing silver's $2.199 trillion valuation.
2. Amazon's market cap is slightly higher at $2.388 trillion, but Bitcoin could overtake it if it reaches $120,051 per coin.
3. To surpass Apple's $3.153 trillion valuation, Bitcoin would need to reach $158,552 per coin.
4. Bitcoin would need to hit $202,166 per coin to overtake Nvidia and $1 million per coin to surpass gold's $22.632 trillion market cap.
5. Prominent figures like Cathie Wood and Michael Saylor support the potential for Bitcoin to reach these high valuations.
Description
On Sunday, July 13, bitcoin vaulted to $119,444 before settling at $118,724 per coin. That jump puts bitcoin in sixth place among the world’s most valuable assets, closing in fast on Amazon’s market cap. Bitcoin Breaks Into Top 6 of World’s Biggest Market Caps With its market value now sitting at $2.361 trillion, bitcoin (BTC)
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