According to Miles Deutscher, Bitcoin has surged back into the top 5 global assets by market capitalization, reclaiming the $2 trillion mark after surpassing Amazon and Google in value (source: Twitter, @milesdeutscher, May 10, 2025). This rapid ascent from seventh place just a week ago highlights growing institutional demand and bullish sentiment in the cryptocurrency market. Traders should watch for increased volatility as Bitcoin eyes Nvidia and Apple’s positions, with potential for significant capital inflows and price momentum if $BTC approaches the top 3 by year-end. The renewed market cap milestone strengthens Bitcoin's position as a leading digital asset and could drive further crypto market growth as traditional investors increase allocations.

According to Crypto Rover, Bitcoin has officially surpassed Amazon in market capitalization, making it the fifth largest asset in the world as of May 9, 2025 (source: Crypto Rover on Twitter). This milestone highlights increasing institutional adoption and strengthens the bullish outlook for Bitcoin and the broader cryptocurrency market. Traders should note that Bitcoin's new ranking above Amazon signals growing mainstream acceptance and could drive further capital inflows, impacting both spot and derivatives markets.