Bitcoin Surpasses Amazon, Reaches Fifth in Global Asset Ranking

Market Cap News: Bitcoin’s market cap overtakes Amazon, ranking as the fifth-largest global mainstream asset.

Bitcoin’s market cap reached $2.36 trillion on July 11, 2025, surpassing Amazon in the global asset rankings, marking a major milestone for the cryptocurrency. This surge signifies robust investor interest and positions Bitcoin as a leading global asset.

Bitcoin Overtakes Amazon: A $2.36 Trillion Milestone

Bitcoin’s market value has once again reached new heights, overtaking tech giant Amazon. According to CoinDesk, Bitcoin’s valuation climbed to $2.36 trillion, positioning it as the fifth-largest asset globally as of July 11. This ascent highlights the growing significance of cryptocurrencies in the global financial landscape.

Following this change, Bitcoin’s price rose past $118,239, marking a 5.8% increase in a single day. The broader cryptocurrency market also saw an uplift, with global assets reacting to Bitcoin’s performance. Ethereum followed suit, recording notable gains.

While key industry figures have not officially commented, investor confidence remains high given the significant ETF inflows observed. Bloomberg analyst Eric Balchunas noted substantial inflows into spot Bitcoin ETFs, boosting market legitimacy.

Eric Balchunas, a Senior ETF Analyst at Bloomberg, observed, “Rock’sShares Bitcoin (IB) has become the fifth-largest traded ETF in terms of inflows this year, with nearly $9 billion pouring in from investors.”

Surging Market Dynamics and Expert Insights

Did you know? Bitcoin’s market cap previously surpassed Tesla and Alphabet, reinforcing the narrative of cryptocurrencies as a mainstream asset class with increased institutional adoption.

Based on CoinMarketCap data, Bitcoin is currently valued at $118,500.91 with a market cap of $2.36 trillion, maintaining a market dominance of 63.91% and a trading volume spike of 98.43% over the last 24 hours. Bitcoin has gained 41.99% in the past 90 days, demonstrating strong upward movement.

The Coincu research team suggests that the ongoing ETF inflows and Bitcoin’s price performance may lead to longer-term financial trends favoring cryptocurrencies. Potential regulatory changes could further define crypto assets’ role as legitimate financial instruments, making investor sentiment crucial in future valuation shifts.