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Market News

Bitcoin Overtakes Amazon in Global Market Cap ranking

Written By Shruti Lakhlani
Fact Checked by Kritika Mehta
Published 2025-05-09
Make The Crypto Times preferred on GoogleGoogle
Bitcoin Overtakes Amazon in Global Market Cap ranking

For the first time, Bitcoin (BTC) has now surpassed Amazon to become the world’s 5th largest asset by market capitalization, with a valuation of $2.043 trillion, as its price skyrocketed by 3.47% to $102,913. 

This shift was reported on May 9, 2025, and it has shone a spotlight on Bitcoin’s meteoric rise and increased acceptance as a mainstream financial asset, which is ahead of Amazon’s $3.26 trillion valuation.

Enthusiasm by strong institutional purchasers, increasing approval and confidence regarding major macroeconomic factors like anticipated U.S.

Sentiment on X is positively skewed, with praise for Bitcoin’s passage over Amazon, without some assemblage of a controlling or central authority, offices, or CEO—yet it accomplishes a valuation that compares favourably with tech titans. 

While Amazon’s stocks have been battered, down 21% year-to-date, as consumer spending and tariffs cause investors to fret. In contrast, Bitcoin has risen more than 40% in the same period, which goes to show the resilience of Bitcoin. 

Experts expect Bitcoin to break the $100,000 level shortly, with resistance at the reported level. With increasing institutional interest and developing regulatory frameworks, Bitcoin’s ascent is indicative of a paradigm shift, and it is a formidable competitor in global finance, only beaten by gold, Apple, Microsoft, and Nvidia.

Also Read : Hayes: Bitcoin to Hit $1M by 2028 as U.S.-China Deal Falters

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)
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