Bitcoin surged to a fresh all-time high of $109,400 on Wednesday before settling slightly lower, propelling its market capitalization to $2.16 trillion — making it the world’s fifth-largest asset.
Following this milestone, Bitcoin’s market cap surpassed that of Amazon (AMZN), which currently sits at approximately $2.15 trillion. Despite the slight price pullback from the intraday peak, Bitcoin is trading near $108,954.
Year-to-date, Bitcoin has gained about 16.44%, while Amazon’s shares have declined roughly 8% over the same period.
Gold remains the dominant asset globally with a massive $22 trillion market cap. It is followed by tech giants Microsoft (MSFT), NVIDIA (NVDA), and Apple (AAPL), whose valuations range between $3.1 trillion and $3.4 trillion.
The recent rally in Bitcoin’s price, which accelerated following former U.S. President Donald Trump’s electoral victory, has also fueled strong investor demand. BlackRock’s iShares Bitcoin Trust (IBIT) has emerged as one of the top-performing ETFs in 2025, attracting nearly $9 billion in inflows, according to Bloomberg’s senior ETF analyst Eric Balchunas.
