{"id":858377,"date":"2025-06-27T10:12:01","date_gmt":"2025-06-27T15:12:01","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/27\/bitcoin-market-cap-overtakes-googles-2-1-billion-valuation-as-crypto-equities-also-rise\/"},"modified":"2025-06-27T10:12:01","modified_gmt":"2025-06-27T15:12:01","slug":"bitcoin-market-cap-overtakes-googles-2-1-billion-valuation-as-crypto-equities-also-rise","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/06\/27\/bitcoin-market-cap-overtakes-googles-2-1-billion-valuation-as-crypto-equities-also-rise\/","title":{"rendered":"Bitcoin market cap overtakes Google\u2019s $2.1 billion valuation as crypto equities also rise"},"content":{"rendered":"
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\"Bitcoin Bitcoin market cap overtakes Google\u2019s $2.1 billion valuation as crypto equities also rise<\/span> Liam ‘Akiba’ Wright \u00b7<\/span> 3 hours ago<\/span> \u00b7 2 min read<\/span> <\/span> <\/span> <\/span> <\/span><\/p>\n

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Senate’s GENIUS Act vote fuels Coinbase’s rally, eyes on House approval for stablecoin regulation next.<\/p>\n

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

Updated:<\/span> Jun. 27, 2025 at 10:55 am 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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\"Nemo\" <\/a><\/p>\n<\/div>\n

Bitcoin has overtaken Google\u2019s parent Alphabet to become the world\u2019s sixth most valuable asset, and is now sitting within a few percent of Amazon.<\/p>\n

The move comes amid a renewed burst of crypto optimism, as Coinbase stock surges on imminent U.S. stablecoin regulation. This one-two punch of market and policy news is fuelling speculation that the sector is cementing its status as a mainstream macro asset class.<\/p>\n

Early Friday, Bitcoin\u2019s market capitalization sits at $2.13 trillion while trading above $106,000. That edges it past Alphabet\u2019s $2.11 trillion value, leaving only gold, Microsoft, Nvidia, Apple, and Amazon ahead in the global asset rankings. Bitcoin has climbed over 40% year-to-date, buoyed by sustained institutional inflows and narratives of digital gold as U.S. fiscal concerns linger.<\/p>\n

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Top company valuations (Source: CompaniesMarketcap)<\/figcaption><\/figure>\n

While Bitcoin\u2019s headline milestone is stealing the spotlight, crypto equities are seeing their own rally. Coinbase shares rocketed over 20%<\/a> to $373 over the past week, driven by investor anticipation surrounding the GENIUS Act<\/a>, which passed the Senate with a 68-30 vote.<\/p>\n

The legislation mandates full reserve backing and monthly audits for stablecoin issuers, and is widely seen as clearing a path for regulated banks to enter the dollar-backed crypto space. This development could boost Coinbase\u2019s revenue share tied to USDC and broader stablecoin activity.<\/p>\n

The stablecoin sector has grown to a record $257 billion<\/a> market cap, up more than 20% so far this year. Analysts view regulatory clarity as a critical catalyst for further growth and mainstream adoption, while helping reduce lingering fears of opaque reserves and systemic risks.<\/p>\n

Other crypto-related stocks have quietly marched higher alongside bitcoin this week. Strategy, the big-ticket BTC balance-sheet play, has added about 4.5 % since last Friday\u2019s close. Among miners, MARA is up roughly 6 %, Riot Platforms about 5 %, and CleanSpark has sprinted more than 20 % after JPMorgan bumped its price target on the group.<\/p>\n

Despite the bullish tone, scepticism remains. Former BitMEX CEO Arthur Hayes has argued Circle\u2019s valuation is \u201cinsanely overvalued<\/a>,\u201d a sign that even amid the rally, questions persist about froth and sustainability in certain corners of the crypto market.<\/p>\n

Looking ahead, crypto watchers will be closely tracking the House vote on the GENIUS Act, which is expected in mid-July. While many bills typically start in the House, regulatory legislation like this can begin in either chamber, meaning the Senate-led process is entirely routine.<\/p>\n

A successful passage would send the bill to President Trump, who has publicly urged lawmakers to \u201ctake the win<\/a>\u201d as soon as possible.<\/p>\n

Bitcoin is now less than $175 billion away from overtaking Amazon to become the world\u2019s fifth-largest asset. Coinbase\u2019s next earnings on August 7 will also provide a key update on how regulatory clarity and new products, like Coinbase Payments on Shopify, are feeding into its top line.<\/p>\n

Mentioned in this article<\/h6>\n
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Read More<\/a>
\n Liam ‘Akiba’ Wright<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin market cap overtakes Google\u2019s $2.1 billion valuation as crypto equities also rise Liam ‘Akiba’ Wright \u00b7 3 hours ago \u00b7 2 min read Senate’s GENIUS Act vote fuels Coinbase’s rally, eyes on House approval for stablecoin regulation next. 2 min read Updated: Jun. 27, 2025 at 10:55 am UTC Cover art\/illustration via CryptoSlate. Image<\/p>\n","protected":false},"author":1,"featured_media":858378,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,497],"tags":[],"class_list":["post-858377","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-market"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/858377","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=858377"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/858377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/858378"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=858377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=858377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=858377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}