Bitcoin (BTC) has overtaken Alphabet (Google) to become the world’s fifth most valuable asset by market capitalization. As of April 23, Bitcoin’s market cap surged to $1.87 trillion, edging past Alphabet’s $1.859 trillion valuation, according to asset ranking data. BTC is now behind only gold, Apple, Microsoft and Nvidia. Top assets by market cap. Source: CompaniesMarketCap.com Bitcoin beats Nasdaq 100 returns in April Bitcoin’s edge over Alphabet coincides with its ongoing “decoupling” from its long-standing correlation with US tech stocks, especially in April, when BTC’s price rallied 15% despite the…
Read MoreBitcoin enters world’s top 5 largest assets, surpassing Google, Silver, Amazon
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