Wednesday, April 23, 2025

Bitcoin Surpasses Google to Become 5th Largest Asset Globally

Bitcoin Surpasses Google to Become 5th Largest Asset Globally

Bitcoin (BTC) has overtaken Google (Alphabet Inc.) to become the fifth most valuable asset in the world by market capitalization, reaching a record $1.864 trillion as BTC surged past $94,000.

Bitcoin Solidifies Position as a Top Global Asset

This latest surge reaffirms Bitcoin's status as one of the strongest-performing assets globally. While Alphabet Inc.’s stock also posted gains, it lagged behind Bitcoin’s price increase in scale and momentum.

According to Cryptopolitan, the broader cryptocurrency market saw a significant influx of capital. Total crypto market capitalization rose by nearly 7% over the past 24 hours, once again approaching the $3 trillion mark. Daily trading volume surged 53%, hitting $137 billion.

Bitcoin Achieves All-Time High in Asset Ranking

This is Bitcoin’s highest-ever placement in global asset rankings. Although its market cap has previously exceeded $2 trillion, that occurred during a broader tech stock rally. This time, Bitcoin’s standalone performance has propelled it to its new ranking.

As of April 23, BTC price rose over 6% in 24 hours to reach $94,132, with trading volume hitting $59.2 billion. Bitcoin’s market dominance also climbed to 63.41%. Despite the surge, the current price remains around 13% below its all-time high of $109,000.

According to Companies Market Cap, this fifth-place ranking places Bitcoin above Alphabet, whose market capitalization now stands at $1.859 trillion.

U.S. Spot Bitcoin ETF Sees Record Inflows

Fueling the rally is renewed institutional demand—particularly via U.S. spot Bitcoin ETFs. Following former President Donald Trump's return to office, spot Bitcoin ETFs recorded their highest net inflow since his inauguration, totaling $912.7 million.

Alphabet Stock Rebounds but Trails Bitcoin

After recent declines, Alphabet stock rebounded more than 2%, trading at an average of $153.90. In after-hours trading, the stock saw an additional 2.2% increase, suggesting it may surpass $157. However, its total market cap remains slightly below Bitcoin's.

Bitcoin’s climb in the asset rankings signals a major shift in global investor perception. It is no longer a fringe asset but a serious contender among the world’s most valuable entities—outperforming even tech giants in today’s capital flows. 

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