- Bitcoin overtakes Amazon in market capitalization.
- BTC now targets silver as its next milestone.
- Signals growing global acceptance of Bitcoin as a store of value.
Bitcoin has officially flipped Amazon in market capitalization, marking another milestone in its journey to becoming one of the world’s most valuable assets. As of now, Bitcoin’s market cap stands above $1.3 trillion, while Amazon trails slightly behind.
This development showcases the rapidly growing trust in Bitcoin not just as a speculative asset, but as a digital store of value. With institutional adoption on the rise and the approval of spot ETFs in major markets, Bitcoin is positioning itself alongside traditional giants in the financial world.
Next Target: Silver
With Amazon in the rearview mirror, Bitcoin’s next target is silver. The global market cap of silver is around $1.4 trillion, and Bitcoin is now within striking distance. If BTC continues its upward momentum, flipping silver could happen sooner than expected.
This race isn’t just about numbers—it’s symbolic. Flipping silver would further validate Bitcoin’s status as “digital gold” and could trigger a fresh wave of media attention, institutional interest, and retail FOMO (Fear of Missing Out).
What This Means for Crypto
The rapid ascent of Bitcoin is a reflection of broader trends in finance and technology. Traditional barriers are being broken as more investors seek decentralized, inflation-resistant alternatives to fiat currency and tech stocks.
As Bitcoin climbs the ranks of global assets, it draws attention to the entire crypto sector, potentially opening doors for Ethereum and other major cryptocurrencies to experience similar growth trajectories.