Bitcoin Surpasses Google to Become Fifth-Largest Asset by Market Cap

Bitcoin (BTC) has surged past Google (GOOG) to become the world’s fifth-largest asset by market capitalization, reaching $1.86 trillion. The milestone was achieved as BTC broke above $94,000, marking a strong comeback and its highest-ever placement in global asset rankings.

Although Bitcoin previously exceeded a $2 trillion market cap when prices topped $109,000, its current position is more significant due to the relative decline in tech stock valuations. This shift in the broader financial landscape has helped BTC rise not only in price but in comparative dominance across major asset classes.

The latest rally comes amid easing tensions in the ongoing U.S.–China trade standoff. Hints of de-escalation have fueled optimism across global markets, with Nasdaq futures climbing 2%, signaling renewed investor confidence in both cryptocurrencies and tech equities.

From a technical perspective, Bitcoin has broken through key resistance levels noted earlier this week. Its performance has now outpaced the Nasdaq, indicating broader strength not just within the crypto market but against traditional financial indices.

This surge positions Bitcoin closer to other mega-cap assets like Amazon, Saudi Aramco, and Apple, while reinforcing its role as a macro hedge and alternative store of value. With institutional interest growing and geopolitical uncertainty remaining a central theme, Bitcoin’s climb highlights its expanding influence in the global financial ecosystem.

As of now, Bitcoin continues to gain traction, riding the wave of a broader risk-on rally while reinforcing its status as a leading digital asset.