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Journalist<\/p>\n<\/p><\/div>\n
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- Bitcoin hits $111K ATH, surpasses Google to become the 6th-largest global asset by market cap.<\/em><\/li>\n
- Macroeconomic instability and rising inflation drive investors to favor Bitcoin over gold and bonds.<\/em><\/li>\n<\/ul>\n
Bitcoin [BTC]<\/a> has just notched a new chapter in financial history.<\/p>\n
Surpassing its previous record, the king crypto hit a new ATH of $111K for the first time, and has overtaken Google in market value.<\/p>\n
Ranked as the world\u2019s sixth-largest asset, Bitcoin now sits just behind gold, Microsoft, NVIDIA, Apple, and Amazon, showing its growing weight in the global financial landscape.<\/p>\n
Bitcoins Bitcoin breaks new ground!<\/h2>\n
Bitcoin surged past $111K on the 21st of May, setting a new all-time high and closing the daily candle at $110K on Binance.<\/p>\n
\n![\"bitcoins](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/BTCUSD_2025-05-22_11-33-54.png\")
<\/a><\/p>\nSource: TradingView<\/p>\n<\/div>\n
The move caps off a week of steady gains, with BTC climbing over 10% since 17th May. Notably, the RSI was at 77.42 at press time, indicating overbought conditions as traders pushed prices into uncharted territory.<\/p>\n
While momentum remains strong, technical signals suggest the rally could be entering a phase of heightened volatility.<\/p>\n
Bitcoins Bitcoin races past Google!<\/h2>\n
With a market capitalization exceeding $2.17 trillion, Bitcoin has officially surpassed<\/a> Alphabet (Google) to claim the sixth spot among the world\u2019s largest assets.<\/p>\n
It now ranks just behind Amazon, Apple, NVIDIA, Microsoft, and gold. The milestone places Bitcoin ahead of traditional heavyweights like silver, Saudi Aramco, and Meta.<\/p>\n
\n![\"bitcoins](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/GreFEhXXwAAIaVx.jpeg\")
<\/a><\/p>\nSource: X<\/p>\n<\/div>\n
With mounting bullish momentum, BTC has nowhere to go but up.<\/p>\n
Bitcoins What\u2019s behind the surge?<\/h2>\n
Bitcoin\u2019s climb past the $2 trillion market cap mark is a result of changes across the external environment.<\/p>\n
\n![\"bitcoins](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-22-12.13.05-PM.png\")
<\/a><\/p>\nSource: X<\/p>\n<\/div>\n
Having reached its first trillion faster than most assets in history, Bitcoin is increasingly seen<\/a> as a hedge in a changing financial landscape.<\/p>\n
In Japan, where inflation continues to climb, the king coin is gaining traction as a practical alternative to fiat and traditional stores of value.<\/p>\n
In the U.S., concerns over fiscal stability have added to its appeal.<\/p>\n
Robert Kiyosaki, author of \u201cRich Dad Poor Dad,\u201d recently pointed to failed U.S. Treasury bond auctions as a red flag, suggesting that trust in government debt is waning.<\/p>\n
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\u201cGood news. Gold will go to $25,000. Silver to $70. Bitcoin to $500 k to $ 1 million.\u201d<\/p>\n<\/blockquote>\n
His message<\/a> was clear: Americans are turning to Bitcoin.<\/p>\n
- Macroeconomic instability and rising inflation drive investors to favor Bitcoin over gold and bonds.<\/em><\/li>\n<\/ul>\n
![\"bitcoins](\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/05\/GrcO9u3XwAA4A84.jpeg\")
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