Bitcoin flips Amazon’s $2.3T market cap to become 5th global asset

Bitcoin became the world’s fifth-largest asset by market capitalization on Monday, driven by a seven-day buying streak from US spot Bitcoin ETFs.

Bitcoin has become the world’s fifth-largest asset, overtaking Amazon by market capitalization.

Bitcoin (BTC) price rose to a new all-time high of $122,600 on Monday and has soared nearly 13% over the past week, as Cointelegraph reported.

These gains allowed Bitcoin to surpass a $2.4 trillion market capitalization, overtaking Amazon’s $2.3 trillion, Silver’s $2.2 trillion and Alphabet’s (Google) $2.19 trillion, Companiesmarketcap data shows.

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