Bitcoin’s market capitalization has reached a new record of $2.096 trillion. This growth places the leading cryptocurrency ahead of both Alphabet (Google) and silver in global asset rankings, according to updated data from 8MarketCap. At press time, Bitcoin was trading just below $105,000, following a steady climb over the past 30 days.

Bitcoin Surpasses Google and Silver in Asset Rankings

Bitcoin has moved up to sixth place in the global market capitalization leaderboard. It now ranks ahead of Alphabet, which holds a valuation of $2.028 trillion, and silver, which stands at $1.844 trillion. The latest figures show Bitcoin with a total market capitalization of $2.096 trillion.

The move follows a 2.56% increase in Bitcoin’s price in the last 24 hours. Weekly data also shows a 2.66% gain, according to CoinMarketCap. Traditional assets like Apple, Amazon, and silver have experienced price declines in the same timeframe. Apple is down 1.95%, Amazon 2.46%, and silver 1.10%.

Bitcoin’s price 24-hour trading range remained between $102,430 and $106,704. Despite its rise, Bitcoin still trades around 3.6% below its January 2025 all-time high of $108,786.

BTC Nears Amazon in Market Cap Rankings

Bitcoin now sits between Amazon and Google on the global asset chart. Amazon holds the fifth position with a market capitalization of $2.188 trillion, just $92 billion ahead of Bitcoin. According to 8MarketCap data, a return to Bitcoin’s all-time high would lift its valuation to $2.17 trillion.

If Bitcoin crosses the $110,000 price level, it could overtake Amazon in market capitalization. Prices on CoinMarketCap indicate Bitcoin went from having a low of $85,000 to a high close to $105,000 over the past 30 days.

People are observing the movement because investors are paying a lot of attention to inflation and changes in the economy. Gold is still considered the best investment because its market value is $21.827 trillion and one ounce is valued at $3,250.

Institutional Interest and Trading Data Support Bitcoin Growth

Bitcoin is growing as more institutions show interest and more people start using it. The latest data from CoinShares highlights more money going into Bitcoin-focused funds during the past two weeks. Many traders and fund managers are interested in cryptocurrency because of its quick movement in prices and availability.

Glassnode’s analysis shows that those who have held onto their Bitcoin for years are less likely to sell it. Recently, prices have gone up thanks to both less supply from exchanges and more interest from investors.

Coinbase has announced that Bitcoin is the most popular cryptocurrency in worldwide trade. More than 50% of US bonds are owned by institutions, many of which consider them their main asset. Bitcoin has yet to break its previous high, but the clues I looked at indicate strong support above $100,000.