Bitcoin's Market Cap Milestone
According to the latest data from 8marketcap, Bitcoin has overtaken Alphabet (Google's parent company) to reclaim its position as the 6th most valuable global asset by market capitalization. Key figures:
Bitcoin (BTC):
- Current market cap: $2.179 trillion
- 24-hour price increase: 3.17%
Alphabet (GOOGL):
- Market cap: $2.164 trillion
- 24-hour gain: 1.15%
This shift underscores Bitcoin's growing dominance as a store-of-value asset amid institutional adoption.
Key Market Developments (2025)
Currency Markets
- USD/JPY: Declined 9% in H1 2025, marking its strongest performance in years.
- GBP/JPY: Rose on July 3rd as robust U.S. jobs data boosted risk sentiment, pressuring safe-haven currencies like JPY.
U.S. Economic Indicators
- June Non-Farm Payrolls: Exceeded expectations, signaling economic resilience despite trade tariffs.
- Federal Reserve: July rate cut odds diminished post-NFP report.
- 10-Year Treasury Yield: Jumped to 4.35% amid hawkish Fed expectations.
Legislative Updates
- "Big and Beautiful Act": Passed by the House after Senate amendments; expected to be signed into law by July 4 deadline.
Bitcoin Price Analysis
- Current BTC Price: $109,483** (after peaking at **$110,529)
- All-Time High Proximity: Just $1,000** below the record **$120,000 level.
👉 Track real-time Bitcoin price movements
Market Sentiment
Despite bearish signals at $110k, analysts suggest upward momentum could persist due to:
- Institutional accumulation
- Macroeconomic hedge demand
- Supply scarcity post-2024 halving
Gold Market Reaction
- Price Drop: Fell 1% on July 3rd as strong NFP data reduced early Fed rate-cut bets.
- Analyst Insight: FXStreet's Valeria Bednarik notes technical resistance near $2,300/oz could limit short-term gains.
FAQ: Bitcoin's Market Position
Q: How does Bitcoin's market cap compare to major tech stocks?
A: BTC now ranks above Alphabet but still trails giants like Apple ($3.1T) and Microsoft ($2.9T).
Q: What drives Bitcoin's volatility at all-time highs?
A: Profit-taking, derivatives activity, and macroeconomic news (e.g., Fed policy) are key factors.
Q: Could BTC overtake silver's market cap next?
A: Possible — silver's ~$1.5T valuation is within reach if institutional adoption accelerates.
Stock Market Highlights
- S&P 500: Closed at 6,279 (+0.83%)
- Nasdaq: Reached 20,601 (+1.02%)
- Dragon China Index: Gained 0.4%
👉 Explore crypto-stock correlation trends
Note: All market data reflects conditions as of July 2025. For investment decisions, consult multiple sources.
### SEO Keywords Identified:
1. Bitcoin market cap
2. BTC price 2025
3. Alphabet vs Bitcoin
4. Federal Reserve rate cuts
5. USD/JPY forecast
6. Gold price analysis
7. S&P 500 record high