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Bitcoin briefly flipped Google as fifth most valuable asset globally – TON BOT

Bitcoin briefly flipped Google as fifth most valuable asset globally

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Bitcoin briefly surpassed Google’s parent company Alphabet to become the world’s fifth most valuable asset, with a market cap of $1.87 trillion. This milestone highlights Bitcoin’s growing acceptance in traditional finance and makes it harder for institutional investors to ignore. Despite this, Alphabet has since regained its position, and Bitcoin’s market cap currently stands at around $1.856 trillion. The surge in Bitcoin’s valuation follows a strong price rally fueled by macroeconomic shifts and investor optimism. US Treasury Secretary Bessent’s statement on de-escalating tensions with China and record daily inflows into US-based spot Bitcoin ETFs have also contributed to the upward momentum. The reduced volatility of Bitcoin compared to equities may prompt more public companies to consider crypto in their treasury strategies.

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