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Bitcoin All-Time High Propels It Past Amazon, Google To 5th Place Among Global Assets

  • Bitcoin reached a new all-time high near $110,000 on May 21, driven by significant buying pressure, pushing its market capitalization over $2.1 trillion.
  • With this surge, Bitcoin now ranks fifth among global assets, surpassing major firms like Amazon and Google, trailing behind Apple, NVIDIA, Microsoft, and gold.
  • Experts suggest that Bitcoin has the potential to surpass gold in market capitalization, with predictions of another two to threefold increase in price in the upcoming years.
  • Analysts predict a potential surge for Bitcoin to reach $150,000, citing positive regulatory developments in the US and institutional momentum driving the cryptocurrency market forward.

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