🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
Bitcoin Surpasses Amazon to Become the Fifth Largest Global Asset
Bitcoin surpassed Amazon in market value on May 8, reaching a market capitalization of 2.054 trillion dollars, securing its position as the fifth largest asset globally. This event marks an important milestone in Bitcoin's rise compared to other major global assets, highlighting the growing interest and acceptance from institutions. The milestone of 2.054 trillion dollars of Bitcoin and market dynamics Bitcoin reached a market capitalization of $2.054 trillion, surpassing Amazon's $2.039 trillion and securing the fifth position in the global asset ranking. This achievement highlights the increasing economic influence of Bitcoin as it joins the ranks of tech giants like Apple and Microsoft. The increase in Bitcoin's market value is attributed to institutional demand and the growing acceptance of Bitcoin-focused financial products. Spot ETFs have played a crucial role in providing traditional investors access to the cryptocurrency market, significantly impacting the recent rise in Bitcoin's valuation. A cryptocurrency analyst said: "The advantage of Bitcoin over traditional assets is a testament to its acceptance and recognition as a store of value." Price trends and the future of Bitcoin in the financial market Did you know? In April 2025, Bitcoin surpassed Amazon and silver at the same time, reaching a market capitalization of $1.847 trillion. This steady growth illustrates the increasing importance of Bitcoin in the global market. Bitcoin (BTC) is currently priced at $102,807.30, with a market capitalization of $2.042 trillion, according to data from CoinMarketCap. It holds a market dominance of 62.85% and a fully diluted market capitalization of $2.159 trillion. The reported trading volume in the last 24 hours is $71.85 billion, marking a 36.33% increase. Recent price volatility shows an increase of 3.23% in 24 hours and an increase of 33.20% in 30 days.
The research team believes that the role of Bitcoin in the global financial system will increase, potentially influencing regulatory and institutional approaches. The continuous price increase and market capitalization of Bitcoin reflect its growing appeal as an asset and a technological innovation.