Bitcoin Surpasses Saudi Aramco in Market Cap: Next Target Google?

Bitcoin Market Cap Surpasses Saudi Aramco: Google and Amazon Next?

Bitcoin has once again captured the spotlight with its remarkable bullish rally. Over the past eight days, the cryptocurrency has broken all-time highs seven times, pushing its market cap to $1.809 trillion. This achievement places Bitcoin ahead of Saudi Aramco, the oil giant valued at $1.80 trillion, marking a significant milestone in Bitcoin's journey.

Source: Companies Market Cap 

At the time of writing, the Bitcoin price is trading at $91,347.99, following an intraday surge of 3.78%. With a market cap of $1.81 trillion and a 24-hour trading volume of $73.65 billion, Bitcoin's rise to the 7th largest asset globally is capturing widespread attention. This surge fuels speculation about whether Bitcoin could one day overtake gold, which holds a market cap of approximately $17 trillion.

Amazon and Google: The Next Targets?

As Bitcoin continues its climb, the next targets for the cryptocurrency are Alphabet (Google) and Amazon. Alphabet currently has a market cap of $2.1 trillion, and Bitcoin would need to rally 23% from its current value to surpass it. Similarly, Amazon, with a market cap just $0.1 trillion higher than Google, would require a 29% rally for Bitcoin to overtake it.

Above these companies are NVIDIA, valued at $3.6 trillion, and gold, the world's most valuable precious metal. To surpass gold, Bitcoin's market cap would need to increase by more than 900%. While this may seem ambitious, Bitcoin's trajectory suggests it could challenge these traditional giants of global finance and commodities.

Bitcoin Price Prediction and Future 

Bitcoin's recent performance has led to various price predictions for the future. By 2025, experts predict the Bitcoin price could range from $120,000 to $180,000. This forecast is driven by post-halving effects, increased adoption, regulatory clarity, and ongoing institutional interest in BTC as a long-term asset. Looking further ahead to 2030, Bitcoin's value could soar between $300,000 and $500,000, solidifying its role as a global store of value and integrating into the financial system like digital gold.

Conclusion 

Bitcoin's explosive growth and market cap surpassing Saudi Aramco are testaments to its increasing recognition as a valuable asset. As Bitcoin aims for the likes of Google and Amazon, the cryptocurrency's future looks promising, with significant potential for further growth and adoption in the coming years.