Bitcoin has reached new heights, surpassing Amazon and becoming the fifth-largest asset globally with a market cap of $2.36 trillion. This milestone underscores the growing interest of investors in cryptocurrencies.
Bitcoin Overtakes Amazon
On July 11, 2025, Bitcoin's market cap hit **$2.36 trillion**, overtaking tech giant Amazon. This event highlights the increasing significance of cryptocurrencies in the global financial landscape. Bitcoin's price also climbed to **$118,239**, marking a **5.8%** increase in just one day.
Market Dynamics and Expert Insights
According to CoinMarketCap, Bitcoin is currently valued at **$118,500.91** with a market cap of **$2.36 trillion** and a market dominance of **63.91%**. A trading volume spike of **98.43%** has been observed over the last 24 hours. Experts note that substantial inflows into Bitcoin ETFs confirm the stability and legitimacy of cryptocurrencies in the market. 'Rock's Shares Bitcoin (IB) has become the fifth-largest traded ETF with nearly **$9 billion** in inflows this year,' stated Bloomberg's senior ETF analyst Eric Balchunas.
The Future of Cryptocurrencies in Finance
The Coincu research team suggests that ongoing ETF inflows and Bitcoin's price movements could establish long-term trends favorable to cryptocurrencies. Potential regulatory changes could further define the role of crypto assets as legitimate financial instruments.
By surpassing Amazon, Bitcoin has reaffirmed its position as one of the leading financial assets. This event reflects the growing interest in cryptocurrencies and may positively influence their future in the global economy.
