Bitcoin Market Cap Enters Global Top 5, Surpassing Amazon

Source
JOON HYOUNG LEE

Summary

  • It was reported that Bitcoin has risen to 5th place in global asset rankings by market cap, surpassing Amazon.
  • As of the 9th, Bitcoin's market cap was recorded at approximately $2.43 trillion.
  • It was reported that Bitcoin ranks 5th in size, following gold, Microsoft, Apple, and Nvidia.

Bitcoin (BTC) has entered the top 5 global assets by market capitalization.

According to CompaniesMarketCap on the 9th, Bitcoin's market cap was recorded at $2.43 trillion as of that day. In terms of market cap alone, it ranks 5th among global assets, following gold, Microsoft, Apple, and Nvidia.

Initially, the 5th place in global assets by market cap was held by Amazon, the largest e-commerce company in the US. However, Bitcoin's market cap has steadily risen, driven by recent price increases, surpassing Amazon on this day.

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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