Bitcoin Hits $109,856, Surpasses Amazon and Google to Become Fifth-Largest Asset and Eighth-Largest Currency

Bitcoin has surpassed Amazon and Google to become the fifth-largest asset in the world by market capitalization. The cryptocurrency reached a new all-time high of $109,856, marking a significant milestone in its journey from a niche digital asset to a global reserve asset. This achievement places Bitcoin ahead of major companies like Amazon.com Inc and Alphabet Inc (Google) in terms of market value. Additionally, Bitcoin has overtaken the Taiwan Dollar to become the eighth-largest currency globally by market capitalization, with speculation that it may surpass the Hong Kong Dollar next. The ongoing rise of Bitcoin highlights its increasing acceptance and integration into the global financial system.

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