Bitcoin Temporarily Surpasses Amazon in Market Capitalization

The market capitalization of Bitcoin (BTC), a cryptocurrency asset, has temporarily surpassed that of tech giant Amazon, making it the fifth largest financial asset by market cap.

While this is merely a straightforward comparison of market caps, Bitcoin has not only overtaken Amazon but also Alphabet, the parent company of Google, and even silver. However, at the time of writing this article, Bitcoin's price has fallen below $120,000 (approximately 17.7 million yen), and its market capitalization has slipped below Amazon's, ranking it sixth once again.

The following is the ranking of financial assets by market capitalization provided by 'Infinite Market Cap'. The fact that Bitcoin surpassed Amazon has been noted internationally...