Bitcoin’s $2.138T Market Cap Flips Google, Becomes 6th World Asset

Key Points

• Bitcoin surpassed Google in terms of market cap, becoming the 6th asset by market cap in the world.
• BTC is priced above $107,000, supported by global adoption, continued institutional interest, and industry optimism.

On June 27, Bitcoin ranks as the sixth asset in the world in terms of market cap. Bitcoin’s $1.128 trillion market cap surpassed Google’s market cap, currently at $2.11 trillion.

Bitcoin’s next target is to take on Amazon, which is currently valued at over $2.3 trillion in market cap.

Despite market volatilty and today’s H1 considerable options expiry on Deribit, Bitcoin’s price mirrors increased optimism in the industry.

Bitcoin Trades Above $107,000

At the moment of writing this article, BTC is trading above $107,000, bouncing back after a short-lived drop below this level.

The crypto industry was eagerly waiting to see how the market would react on June 27 when a considerable amount of BTC and ETH options were set to expire on Deribit. Over $17 billion in BTC and ETH options expired on Deribit today, marking the biggest amount in 2025.

🚨 H1 Expiry Incoming 🚨

Over $17B in BTC & ETH options are set to expire tomorrow on Deribit, the largest of the year so far. $BTC : $15B notional | Put/Call: 0.74 | Max Pain: $102K $ETH : $2.3B notional | Put/Call: 0.52 |Max Pain: $2,200

Will Q3 start with a breakout or reset?… pic.twitter.com/ye92lhXP4Z

— Deribit (@DeribitOfficial) June 26, 2025

Bitcoin’s resilience is supported by multiple factors and the optimism that is still present in the industry.

Factors Supporting BTC Price

3 top factors for Bitcoin’s price resilience:

Institutional Interest

One of the main optimism catalysts in the crypto industry was the latest announcement in the US. On June 26, the US housing system announced that it officially recognized BTC and crypto as being eligible for mortgage assets, highlighting once again the global adoption and recognition of digital assets.

Institutional interest in Bitcoin is also mirrored by the 13 consecutive inflow days in the crypto products. On June  26, BTC ETFs in the US recorded over $228 million in inflows.

As of June 26, the total net assets in BTC ETFs were over $133,5 billion, and the cumulative net inflow in BTC ETFs was over $48,3 billion, according to data from SoSoValue.

End of the Israel-Iran War

Besides the increasing institutional interest in Bitcoin, one essential factor that fuels the crypto industry with optimism is the end of the Iran-Israel war.

Continued BTC Accumulation

Other than this, Bitcoin-centric companies like Strategy₿, Metaplanet, and others continue to accumulate BTC. Counties like El Salvador and Bhutan also continue their BTC accumulation strategy.

On June 26, Satoshi Act Fund’s CEO, Dennis Porter , highlighted that after starting its BTC mining operations in 2020, Bhutan saved up enough to account for 40% of its entire GDP. He also said that this small country now has the third-largest BTC reserve in the world.

Bhutan starts mining Bitcoin in 2020. Five years later they saved up enough to account for 40% of their entire GDP. This small country now has the third largest Bitcoin reserve in the world. @WSJ pic.twitter.com/ywWvDm9Io0

— Dennis Porter (@Dennis_Porter_) June 27, 2025

As a conclusion, despite all the uncertainty in the world, geopolitical tensions and market volatilty, Bitcoin and the entire industry continue to be surrounded by optimism amidst continued global adoption, and the prospects of a better future.

Bitcoin seems to be on the right path to reach a new ATH soon.