Bitcoin's market capitalization reached $1.87 trillion, which allowed it to overtake Alphabet (the owner of Google), whose valuation is $1.859 trillion. Thus, BTC took fifth place among the most valuable assets in the world. Only gold, Apple, Microsoft, and Nvidia remain ahead.
In April, Bitcoin demonstrated growth of 15%, while the Nasdaq 100 index, which includes leading US tech companies, grew by only 4.5%. This indicates a weakening of the cryptocurrency's dependence on the traditional stock market. Such dynamics became especially noticeable after a series of failures that investors who bet on the growth of the crypto market after the US presidential election previously experienced.
However, despite the positive dynamics in recent weeks, the current price of Bitcoin is still 16% below the all-time high of $109,000 recorded in January. Then the price rose sharply amid news of Donald Trump's return to the White House.
At the same time, Alphabet faces serious challenges. Pressure from regulators has increased, including investigations related to antitrust laws. An additional impact is exerted by declining digital advertising revenues and growing competition from AI companies. All this weakens Google's position in the global market and restrains the growth of the company's shares.
Thus, against the backdrop of instability in the tech sector and the weakening positions of giants such as Google and Amazon, Bitcoin is using the opportunity to strengthen its role in the global economy. Investors increasingly view it not just as a speculative asset, but as an important element in the portfolio, along with gold and shares of leading companies.