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.
Update July 14, 9:33 a.m. UTC: This article has been updated to include quotes from Brickken’s market analyst.
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.