Bitcoin’s rapid rise has once again highlighted its growing role as a safe haven asset in uncertain economic times. Often referred to as “digital gold,” Bitcoin has gained momentum as a hedge against macroeconomic instability. Its latest surge reinforces this narrative.
Market Cap Breakthrough: Bitcoin Overtakes Google, Amazon, and Silver
According to recent data from CompaniesMarketCap, Bitcoin has officially become the fifth most valuable asset in the world. Its market capitalization has climbed above $1.8 trillion, surpassing major global giants including:
Alphabet (Google’s parent company) – overtaken by about $12 billion
Silver – long valued for both monetary and industrial purposes
Amazon – a leader in e-commerce and cloud services
Bitcoin now trails only four other assets globally, with chipmaker Nvidia next in line at $2.4 trillion. To match gold, which remains the world’s most valuable asset, Bitcoin would need to increase more than tenfold.
Weekly Surge Pushes Bitcoin Past $93,500
Bitcoin saw a notable 12% increase this week, with prices climbing above $93,500. It briefly touched the $94,000 mark during the Asian trading session on Wednesday, driven in part by easing global trade tensions after comments from former President Donald Trump.
This momentum reflects growing investor confidence in Bitcoin’s long-term value and its resilience in the face of traditional market volatility.
Currently Bitcoin Price trading at $93,577.65 as per Coinpedia Market data.
For a more detailed Bitcoin price prediction 2030, check out our full analysis!
Divergence from Equities Strengthens “Digital Gold” Appeal
As Bitcoin continues to move independently from traditional equity markets, it’s reinforcing its appeal as a non-correlated asset. This trend has revived investor interest in Bitcoin-based investment products.
One clear indicator is the renewed inflow into Bitcoin ETFs. On Tuesday alone, U.S.-listed spot Bitcoin ETFs saw nearly $913 million in new investments—their largest single-day net inflow since mid-January. These funds have now recorded gains for three straight trading sessions.
Experts Weigh In on Bitcoin’s Rally
Commenting on Bitcoin’s performance, Bitwise Chief Investment Officer Matt Hougan said,
“Bitcoin is rallying because they broke the economy. And the way they’ll ‘fix’ the economy will make Bitcoin rally harder.”
This sentiment echoes a broader belief among Bitcoin advocates: as traditional economic policies come under pressure, decentralized digital assets like Bitcoin may benefit from increased adoption and trust.
Also Read
XRP, ADA and Altcoins Rally As New SEC Chair Paul Atkins Promises ‘Principled Approach’
Meme Coins Are Pumping as Bitcoin Hits $94K — Memecoins to Watch Today
Cardano Price Eyes $5 After 17% Surge
Recession Ahead? Bitcoin and Dogecoin Rally Could Be a Trap, Warns Bloomberg’s McGlone
How to Identify Top Altcoins to Buy as Crypto Market Recovers
Can XRP Outperform Bitcoin in 2025?
Tesla Bitcoin Holdings Unmoved as Q1 Revenue Drops 9%: What’s the Strategy?
Will Bitcoin Price Hit $100K This Week or Crash Again?
ETH Breaks $1,800: Why Ethereum Price is Up Today?
XRP Futures Take Off on Coinbase, Hit $100M in Daily Volume
Crypto News: Tether, SoftBank, and Bitfinex Back $3B Bitcoin Investment
Any Feedback?
Get in touch with us here