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Bitcoin Overtakes Amazon’s $2.3 Trillion Market Cap – What’s Propelling Its Massive Run?

  • Bitcoin surpasses Amazon's market cap, now ranking just behind gold, Nvidia, Microsoft, and Apple.
  • Factors driving Bitcoin's rally include institutional interest nearing all-time highs and record inflows into crypto investment products.
  • Companies like Michael Saylor's MicroStrategy and Japanese firm Metaplanet are increasing their BTC holdings, with more corporations expected to add Bitcoin to their treasuries.
  • Bitcoin's available supply on exchanges is decreasing amid rising demand, potentially pushing prices higher. BTC currently trades at $121,062.

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