Bitcoin Soars to $106,000—Now Worth More Than Google and Even Some Precious Metals!
Jakarta, Pintu News – Bitcoin set a new record high after its market capitalization reached $2.096 trillion, putting it above Google’s parent company in the global asset ranking. The milestone came as the price of BTC was trading slightly below $105,000 on May 20, 2025.
Then, how is the current Bitcoin price movement?
Bitcoin Price Up 0.41% in 24 Hours
On May 21, 2025, Bitcoin was trading at $106,765 (approximately IDR 1,751,910,147), marking a modest 0.41% gain over the past 24 hours. Throughout the day, BTC fluctuated between a low of IDR 1,713,259,615 and a high of IDR 1,764,147,756, reflecting mild price volatility.
According to CoinMarketCap, Bitcoin’s market capitalization now stands at around $2.12 trillion, with trading volume in the last 24 hours falling 18% to $50.19 billion.
Read also: Arthur Hayes Prediction: Bitcoin (BTC) to Hit $250,000 by the End of 2025!
Reporting from Coingape (5/20) Bitcoin now occupies the sixth position in the global asset ranking by market capitalization, surpassing Alphabet (Google’s parent company) and the precious metal silver.
Based on the latest data from 8marketcap, Bitcoin’s total market capitalization stands at $2.096 trillion, compared to Google at $2.028 trillion and Silver at $1.844 trillion.
BTC’s performance has been impressive, with a rise of 2.56% in the last 24 hours (5/20) and 2.66% over the past week. This upward trend is in the opposite direction of some other traditional assets that have experienced weekly declines, such as Apple (-1.95%), Amazon (-2.46%), and Silver (-1.10%).
Bitcoin’s price movement in recent days has been fairly stable, with a daily trading range between $102,430 and $106,704. Despite the increase, the current BTC price is still about 3.6% below its record high of $108,786 reached on January 20, 2025.
Currently, Bitcoin is sandwiched between Amazon in fifth place with a market capitalization of $2.188 trillion, and Google in seventh place.
Read also: Bitcoin Needs to Hit $110,000 Before Altcoin Season Starts, Says Arthur Hayes!
Meanwhile, Gold continues to hold the top spot with a market capitalization of $21.827 trillion and a price of $3,250 per ounce.
Bitcoin’s Potential to Surpass Amazon
Bitcoin, as the leading cryptocurrency, is on the verge of climbing even higher in the global asset rankings, with Amazon’s current fifth place position likely to be overtaken.
Currently, the e-commerce giant has a market capitalization of $2.188 trillion, only slightly ahead of Bitcoin’s capitalization of $2.096 trillion – a difference of about $92 billion.
Based on market data, if BTC manages to reach another record high of $108,786, its market capitalization is expected to rise to around $2.17 trillion. This would put Bitcoin very close to overtaking Amazon in the global rankings.
Recent price movements show that Bitcoin has continued to show a strong upward trend in the past 30 days. Data from CoinMarketCap notes that BTC has surged from its 30-day low of around $85,000.
To truly surpass Amazon, Bitcoin would need to break its current record high price and likely touch a range of around $110,000 per coin.
Given the current price trend – with BTC briefly touching a daily high of $106,704 – this target seems realistic, as long as market conditions remain favorable. Amid rising inflation concerns, BTC prices are now eyeing the $108,000 level again.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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