Bitcoin has once again achieved a credible milestone, one that helps the token beat one of the magnificent giants, Amazon. Bitcoin has recently topped crypto market charts by claiming the ambitious $122K price mark. The current Bitcoin move has now made the asset beat Amazon in terms of market cap, helping the token officially become the fifth-largest asset in the world.

Also Read: BlackRock Buys $1.3 Billion Bitcoin In 2 Days: BTC Hits New High

Bitcoin Flips Amazon in a Historic Feat

Bitcoin Amazon
Source: Forkast News

Bitcoin, the first of its kind, a notable digital asset that took the market by storm in 2008, has now become the fifth-largest asset in the world. BTC’s suave move to $122K has led the token to beat Amazon in terms of market cap, with BTC sitting at a 2.39 trillion market cap, officially crowning BTC as the fifth largest asset after beating Amazon.

“$1.3 BILLION IN SHORTS was liquidated in less than 60 seconds. BTC skipped straight past $120k and went directly to $121k. At $2.39 trillion, Bitcoin is now officially larger than Amazon and is the world’s 5th largest asset. Remember this day.

In 2009, the Bitcoin network officially started its mining process, with Nakamoto commencing the creation of the genesis block. In May 2010, the price of Bitcoin was somewhere around $0.01. The token’s journey from a meager $0.01 to $122K seems astonishing, as BTC has now officially flipped Amazon to become the fifth leading asset of the world. The token is now behind giants like Apple, Nvidia, and Microsoft, with investors anticipating a further price push that may help it overcome more barriers and obstacles.

What’s Next for BTC?

BTC is currently stable at $122K, but several price predictions continue to forecast its rise to $150K and beyond. Per Anthony Scaramucci, BTC will ultimately hit $200K and surge beyond it, as the asset is built for the future of finance.

“$200,000 is too low for Bitcoin.” 🚀

Per a leading financial giant, Standard Chartered, BTC may ultimately hit $200K by the end of Q3 2025.

Also Read: Bitcoin To End 2025 at $145,000