Bitcoin Surpasses Google to Become 5th Largest Asset Globally
Bitcoin (BTC) has officially entered the ranks of the world’s top five most valuable assets, overtaking tech titan Alphabet (Google). As of April 23, Bitcoin’s market capitalization soared to $1.87 trillion, edging past Alphabet’s $1.859 trillion valuation. This milestone places BTC just behind Gold, Apple, Microsoft, and Nvidia in global asset rankings. This achievement marks a significant moment for Bitcoin, which continues to solidify its status as a major financial asset, no longer just a speculative digital currency.
Source: CompaniesMarketCap.com
BTC Decouples From Tech Stocks With 15% April Rally
In a striking divergence, Bitcoin surged 15% in April, while the Nasdaq 100—typically aligned with BTC’s performance—fell by 4.5%. This decoupling signals growing investor confidence in Bitcoin as a hedge against traditional market volatility and macroeconomic uncertainty. Despite the bullish momentum, Bitcoin still trades 16% below its all-time high of $109,000, set in January during Donald Trump’s re-inauguration. However, renewed optimism is being fueled by Trump’s criticism of Fed Chair Jerome Powell and his executive order to establish a Strategic Bitcoin Reserve (SBR), which is nearing its key 60-day review.
"This market regime is what Bitcoin was built for," noted macro analyst Fejau, emphasizing BTC’s resilience in turbulent financial environments.
Bitcoin Outshines Tesla—Twice Over
To grasp Bitcoin’s meteoric rise, consider this: BTC’s market cap now exceeds the value of two Teslas. The electric vehicle giant, which famously bought Bitcoin in 2021 when prices hovered around $33,500, is now sitting on gains exceeding 180%, translating to over $1 billion in profit. Meanwhile, Alphabet faces mounting challenges, including regulatory scrutiny, antitrust pressures, and slowing digital ad revenues. The rise of AI competitors has further dampened confidence in Google’s long-term growth, opening the door for Bitcoin to leapfrog ahead.
Vetle Lunde, head of research at K33, pointed out that ongoing debates about Federal Reserve independence are creating positive momentum for Bitcoin, as investors seek alternatives beyond traditional US assets.
Alphabet shares fell after a judge ruled Google monopolized key digital ad markets but stopped short of approving a business breakup. https://t.co/IyqEWtoOZv
— The Japan Times (@japantimes) April 18, 2025
Alphabet shares fell after a judge ruled Google monopolized key digital ad markets but stopped short of approving a business breakup. https://t.co/IyqEWtoOZv
— The Japan Times (@japantimes) April 18, 2025
Bitcoin Positioned as the "Fastest Horse" in Global Markets
As global capital flows shift away from traditional equities amid geopolitical tensions and tariff wars, Bitcoin stands out as a non-sovereign asset immune to trade barriers. Analysts believe BTC offers high-reward potential without the tail risks plaguing US tech stocks. With investor sentiment turning, many expect Bitcoin to lead the next wave of market gains once current macro pressures ease.
