Move Over, Google—Bitcoin Is Now One Of The Top 6 Assets Worldwide

Source Bitcoinist

According to recent market data, Bitcoin has overtaken Google to become the sixth-largest asset in the world by market capitalization. Its value now sits at $2.12 trillion, edging out Google’s $2.07 trillion. That shift has drawn attention across finance desks and crypto chats alike.

Bitcoin Surges Past Google

Based on the latest data, Bitcoin’s climb above Google reflects more than a price bump. It shows how a token born in 2009 can measure up to a tech giant that started in a Silicon Valley garage.

Google remains a force in search, ads and AI, but Bitcoin’s network value now ranks just below gold, Nvidia, Microsoft, Apple and Amazon.

The comparison isn’t perfect—one measures coins in circulation, the other shares outstanding—but the headline is hard to ignore.

ETF Flows Drive Growth

According to figures from June 9, BlackRock’s iShares Bitcoin Trust has attracted over $70 billion in assets, making it the largest spot ETF for Bitcoin. Fidelity’s FBTC follows with $20 billion and Grayscale’s GBTC holds just under $20 billion.

Those numbers climbed fast after the US Securities and Exchange Commission approved spot ETFs. Big investors have piled in, nudging Bitcoin’s price upward while ETF balances reflected the gains almost in real time.

US President Donald Trump Backs Bitcoin

Based on campaign statements and subsequent executive actions, US President Donald Trump has signaled support for Bitcoin. He floated the idea of a Bitcoin reserve during his run for office and later signed an executive order aimed at creating a digital-asset stockpile.

Critics point out that setting up a government wallet is far more complex than signing a memo. Still, the president’s backing has fueled optimism among traders and some policy experts.

Analysts Eye Sky-High Targets

Zach Shapiro of the Bitcoin Policy Institute said a US government purchase of 1 million coins would trigger a “global seismic shock” in price. He predicted such a move could lift Bitcoin to around $1 million per token.

Fellow BPI director Matthew Hines added that other countries are watching the US playbook before shaping their own crypto rules.

Meanwhile, some analysts believe Bitcoin could top $150,000, or even $250,000, in the next few years if current trends continue.

Regulators Put Google Under The Microscope

Based on filings from the UK’s Competition and Markets Authority, Alphabet faces an antitrust probe into its search and ad businesses under the Digital Markets, Competition and Consumers Act 2024.

The CMA is weighing rules on choice screens, ranking fairness and data portability. In the EU, regulators are scrutinizing AI-generated overviews that may cut into publisher revenue, with one study linking such summaries to a drop in organic views.

Featured image from Fingerlakes1, chart from TradingView

Disclaimer: For information purposes only. Past performance is not indicative of future results.
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