{"id":843209,"date":"2025-04-24T09:11:40","date_gmt":"2025-04-24T14:11:40","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/24\/bitcoin-briefly-flipped-google-as-fifth-most-valuable-asset-globally\/"},"modified":"2025-04-24T09:11:40","modified_gmt":"2025-04-24T14:11:40","slug":"bitcoin-briefly-flipped-google-as-fifth-most-valuable-asset-globally","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/24\/bitcoin-briefly-flipped-google-as-fifth-most-valuable-asset-globally\/","title":{"rendered":"Bitcoin briefly flipped Google as fifth most valuable asset globally"},"content":{"rendered":"
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\"Bitcoin Bitcoin briefly flipped Google as fifth most valuable asset globally<\/span> Oluwapelumi Adejumo \u00b7<\/span> 1 day ago<\/span> \u00b7 2 min read<\/span> <\/span> <\/span> <\/span> <\/span><\/p>\n

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The short-lived market flip between Bitcoin and Alphabet fuels discussions on BTC’s role in institutional portfolios.<\/p>\n

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2 min read<\/span><\/p>\n

Updated:<\/span> Apr. 23, 2025 at 3:07 pm UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\"Bitcoin<\/p>\n

Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n<\/div>\n<\/div>\n

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Bitcoin<\/a> momentarily climbed to become the world\u2019s fifth most valuable asset, edging past Google\u2019s<\/a> parent company, Alphabet<\/a>, in a short-lived but symbolic flip.<\/p>\n

According to data<\/a> from CompaniesMarketCap, Bitcoin\u2019s valuation reached approximately $1.87 trillion, just ahead of Alphabet\u2019s $1.859 trillion.<\/p>\n

The achievement sparked excitement across the crypto industry, with analysts viewing it as a sign of Bitcoin\u2019s growing acceptance in traditional finance.<\/p>\n

Andre Dragosch, Head of Research at Bitwise<\/a> Europe, remarked that Bitcoin\u2019s position on the ranking makes it increasingly difficult for institutional investors to ignore in their portfolios. He said<\/a>:<\/p>\n

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\u201c[It is] becoming harder and harder for asset managers to ignore [BTC].\u201d<\/p>\n<\/blockquote>\n

However, the flip was short-lived. Alphabet has since regained its position, and Bitcoin\u2019s market cap dipped slightly to around $1.856 trillion as of press time.<\/p>\n

Meanwhile, the top digital asset remains more valuable than silver, Amazon, Meta, and Saudi Aramco.<\/p>\n

Still, it remains small in comparison to other global asset classes. Data<\/a> shared by Priced in Bitcoin shows that real estate is valued at roughly $635 trillion, global debt at $141 trillion, and gold at about $23 trillion.<\/p>\n

Bitcoin\u2019s market momentum<\/h2>\n

Bitcoin\u2019s surge in valuation follows a strong price rally that saw it climb above $94,000 after a period of sluggish performance. Macroeconomic shifts and investor optimism have supported the upward momentum.<\/p>\n

One key catalyst was the April 22 statement by US Treasury Secretary Bessent, who reportedly<\/a> emphasized the need to de-escalate tensions with China<\/a>.<\/p>\n

His comments suggested a shift in trade trends, which boosted investor appetite for risk assets, including cryptocurrencies.<\/p>\n

Simultaneously, US-based spot Bitcoin exchange-traded funds (ETFs)<\/a> recorded a historic $912.7 million daily inflows. This marked the highest single-day ETF inflow since President Donald Trump returned to office, underscoring renewed institutional confidence in crypto.<\/p>\n

According to Bloomberg Intelligence<\/a>, the recent price stability and reduced volatility of Bitcoin,<\/a> especially compared to equities following the April 2 tariff shock, could prompt more public companies to consider crypto in their treasury strategies.<\/p>\n

Mentioned in this article<\/h6>\n
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Latest US<\/span> Stories<\/h5>\n<\/div>\n
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Latest Bitcoin<\/span> Stories<\/h5>\n<\/div>\n
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Press Releases<\/h5>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Oluwapelumi Adejumo<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin briefly flipped Google as fifth most valuable asset globally Oluwapelumi Adejumo \u00b7 1 day ago \u00b7 2 min read The short-lived market flip between Bitcoin and Alphabet fuels discussions on BTC’s role in institutional portfolios. 2 min read Updated: Apr. 23, 2025 at 3:07 pm UTC Cover art\/illustration via CryptoSlate. Image includes combined content<\/p>\n","protected":false},"author":1,"featured_media":843210,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,30711],"tags":[],"class_list":{"0":"post-843209","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"category-briefly"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=843209"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843209\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/843210"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=843209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=843209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=843209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}