Bitcoin Now Bigger than Amazon, Becomes World’s 6th Largest Asset

Bitcoin has surpassed Amazon in global asset rankings, now holding the sixth position with a market valuation of $1.857 trillion. This rally, driven by institutional interest and ETF inflows, brings Bitcoin close to Alphabet's (Google) fifth-place position.

By Shailendra Kushwaha Apr 23, 2025, 16:05 IST

Bitcoin has set an amazing new record, overtaking Amazon to rank as the sixth-largest asset in the world in terms of market capitalization. Based on recent statistics provided by CompaniesMarketCap.com, Bitcoin's aggregate market cap is currently at $1.857 trillion, only slightly ahead of Amazon's $1.837 trillion valuation.

The cryptocurrency has seen a phenomenal rise in recent times, rising 6.24% in a mere 24 hours and hitting a high of $93,546. This level is reminiscent of Bitcoin's behavior at previous market highs, indicating a fresh bullish trend.

Institutional Inflows and Optimism in the Market Drive Rally

Analysts credit Bitcoin's recent rally to:

Growing institutional investor participation.
Sustained inflows into spot Bitcoin ETFs.
Improving global economic indicators that have lifted investor sentiment.

Amazon's Market Performance Compared

Meanwhile, Amazon's shares rose moderately by 3.5%, closing at $173.18 recently. Nevertheless, the tech giant's stock has not been performing well in 2025, falling over 21% year-to-date and posting negative returns of 3.5% in the last 12 months.

Bitcoin has far outpaced Amazon, posting gains of over 40% in the same timeframe, marking its increasing appeal as an asset class.

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Bitcoin Closing in on Alphabet (Google)

With its new valuation, Bitcoin now closely follows Alphabet (Google) and is sitting fifth with a market cap of $1.859 trillion. Sustained market optimism is likely to soon propel Bitcoin further up global asset rankings.