Bitcoin Surpasses Alphabet With $1.86 Trillion Valuation to Rank Fifth Among Global Assets

Bitcoin’s market capitalisation climbed to about $1.86 trillion on 23 April, first eclipsing Amazon.com Inc. and the estimated value of above‑ground silver before overtaking Alphabet Inc.’s valuation. The advance makes the cryptocurrency the world’s fifth‑largest asset by market value, according to figures cited by multiple market‑data trackers. During the breakout, Bitcoin traded above $94,000 and briefly touched $96,000, marking one of its strongest performances of the year. The token now sits behind only gold and four mega‑capitalisation companies, underscoring its expanding weight in global financial markets. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant