According to the data provided by CompaniesMarketCap, Bitcoin, the most famous of the digital assets, has officially surpassed Alphabet (Google), becoming the fifth most valuable asset in the world.
Summary
The Bitcoin asset continues its rise in the global financial landscape, reaching Google
With a market capitalization of 1.87 trillion dollars, Bitcoin (BTC) has slightly surpassed Alphabet, Google’s parent company, which stands at 1.859 trillion dollars.
This result places BTC immediately behind Gold, Apple (AAPL), Microsoft (MSFT), and Nvidia (NVDA), consolidating its role among the giants of global finance.
The recent surge in price has played a fundamental role in this overtaking. BTC has recorded significant growth in recent days, fueling investor enthusiasm and confirming confidence in the future of cryptocurrencies.
The latest performance of Bitcoin has been nothing short of extraordinary. The asset has recorded an increase of 6.7% in the last 24 hours, and has gained 13.3% in the last seven days.
Extending the time horizon, a progress of 21.4% in the last two weeks, 8.3% in a month, and an impressive 42.6% since the beginning of April 2024 is observed.
This bull run follows a significant event in the crypto world: the finalization of the agreement between Trump Media and Crypto.com for an ETF.
The initiative will focus on “Made in America” crypto projects, and although Bitcoin is not a project of American origin, the media and institutional interest generated could also positively reflect on the trend of BTC.
Since its inception, Bitcoin has earned a place of honor in the global investment landscape. Over the past fifteen years, the cryptocurrency has consistently outperformed traditional assets such as gold and tech stocks.
The increasingly decisive entry into the circuits of finanza mainstream has further strengthened its value and credibility.
The fact that a decentralized asset, without a nation behind it, has reached such a position in the global market represents a paradigm shift in the perception and use of money.
Towards a new all-time high?
One of the questions now circulating among analysts and investors is whether Bitcoin will soon reach a new all-time high. The current record dates back to January 20, 2024, when BTC hit $108,786. Since then, it has undergone a 13.4% correction.
However, experts do not rule out a new surge. In particular, CoinCodex predicts that the price of BTC could reach $130,514 by May 1st, marking an increase of 38.3% compared to the current value.
A leap that would mark a new historical peak for the cryptocurrency. But not everything is rosy: CoinCodex warns that, according to its projections, BTC will not maintain the $130,000 level for long.
A correction below $100,000 is indeed expected by June 17, showing how volatility remains an essential element of the crypto market.
The surpassing of Google by Bitcoin has a much deeper value than a simple ranking. It represents the transformation of the very concept of asset in the 21st century.
A decade ago, cryptocurrencies were considered a niche phenomenon, viewed with suspicion by traditional financial circles. Today, BTC stands alongside industrial and technological giants, setting the pace in an increasingly digital world.
The market responds with growing interest: ETF, institutional investments, targeted regulations and widespread public adoption are fueling a new phase of Bitcoin’s growth.
Looking to the future
If the projections come true, the coming months will be crucial for the stability and evolution of BTC.
The achievement of a new all-time high could further consolidate its position among the world’s benchmark assets, but at the same time generate strong corrective movements.
What is certain is that Bitcoin has exceeded all expectations, breaking barriers and preconceptions. Its ability to attract capital and media attention shows no signs of slowing down, and surpassing Google is just the latest milestone in a journey destined to leave a mark in the history of finance.
In a constantly evolving world, where technology and money intertwine more and more deeply, Bitcoin proves to be not just an investment, but a symbol of global transformation.
