Global cryptocurrency surge pushes Bitcoin to surpass tech giants: It now ranks above Google and approaches Amazon's asset value
In a remarkable turn of events, Bitcoin has surpassed the market capitalization of Amazon and other established assets, such as silver and Google, cementing its status as a significant global financial asset. This surge has been primarily driven by record-breaking inflows into spot Bitcoin exchange-traded funds (ETFs), growing institutional demand, increased legitimacy through regulatory clarity, and its evolving role as a portfolio asset correlated with broader equities.
As of now, Bitcoin's market cap stands at around $2.4 trillion, a near 13% increase in just one week. This growth has propelled Bitcoin to the sixth position in the global financial assets list.
One of the key contributing factors to this meteoric rise is the increased adoption by institutional investors. These entities have significantly increased their allocation to Bitcoin, driving demand and price upward. The rise in spot Bitcoin ETF inflows in mid-2025 has been identified as a major driver of the rapid price growth.
Regulatory advances have also played a significant role in Bitcoin's ascent. Legislative frameworks like the CLARITY Act and GENIUS Act have helped integrate cryptocurrencies into mainstream finance, providing legal certainty that promotes wider adoption among institutional and retail investors alike.
Bitcoin's correlation with traditional equity markets has also increased, making it increasingly viewed as part of diversified portfolio strategies alongside stocks and bonds, attracting more professional money flows.
Bitcoin's dominance in the cryptocurrency market has risen to over 63%. The nearing maximum supply of 21 million Bitcoins also reinforces its scarcity and store-of-value appeal.
The monetary policy, with expectations of rate cuts by the Federal Reserve and a 11% drop in the dollar over six months, has favored risk assets like Bitcoin. This, coupled with a broader cryptocurrency market recovery in Q2 2025, has contributed to Bitcoin’s upward momentum, boosting investor confidence.
The current price of Bitcoin is $118,179, and if expert projections hold true and Bitcoin's price continues its climb, it could surpass companies like Amazon in market value, redrawing the global financial map and underscoring its growing influence on the global economy.
In addition, strategic purchases by companies like Square, GameStop, and Metaplanet have bolstered their treasuries with Bitcoin, further validating its status as a key player in the global financial system.
The discussion in Washington regarding the GENIUS Act, proposing a federal regulatory framework for stablecoins, has been well-received by the markets. This regulatory clarity could further fuel Bitcoin's growth, as it continues to establish itself as a legitimate and integral part of the global financial system.
[1] Source: CoinDesk, Bloomberg, and Reuters [2] Source: CoinMarketCap [3] Source: Blockchain.com and Arcane Research
- Amidst the increasing interest from institutional investors and the growing legitimacy via regulatory clarity, Bitcoin's role in global finance is expanding, with its correlation to traditional equity markets leading more professional money flows towards it, potentially surpassing the market value of established companies like Amazon.
- The integration of Bitcoin into mainstream finance, evidenced by its correlation with broader equities and the rise of spot Bitcoin ETFs, has positioned it as a lucrative investment opportunity in the technology-driven financial sector, solidifying its position as a significant global financial asset.
